Mark Cuban's Plan To Kill Google
rsmiller510 writes "Mark Cuban, owner of the Dallas Mavericks, has a plan to kill Google by paying the top 1,000 sites a cool million each to leave the Google index and move to Microsoft. But could such a plan ever work, and would it be worth the risk to abandon Google?"
I know bribery is accepted practice in the US but here in the EU it is still frowned upon.
-- Cheers!
Is it worth $1 million to leave Google? I'm guessing most of the sites would say no, that's incredibly short sighted.
1 million is peanuts. Amazon, one of the top 100 sites, makes that during a coffee break.
Why opt out of free product placement (Amazon usually ranks high in google) worldwide, for a pittance?
Cuban's mojo has left the room.
From wikipedia: "In 1982, Cuban moved to Dallas, Texas. Cuban first found work as a bartender,[13][14] then as a salesperson for Your Business Software, one of the first PC software retailers in Dallas. He was terminated less than a year later, after meeting with a client to procure new business instead of opening the store.
Cuban started a company, MicroSolutions, with support from his previous customers from Your Business Software. MicroSolutions was initially a system integrator and software reseller. The company was an early proponent of technologies such as Carbon Copy, Lotus Notes, and CompuServe.[15] One of the company's largest clients was Perot Systems.[16] In 1990, Cuban sold MicroSolutions to CompuServe--then a subsidiary of H&R Block--for $6 million.[17] He retained approximately $2 million after taxes on the deal.[18]
In 1995, Cuban and fellow Indiana University alumnus Todd Wagner started Audionet, combining their mutual interest in college basketball and webcasting. With a single server and ISDN line[19], Audionet became Broadcast.com in 1998. By 1999, Broadcast.com had grown to 330 employees and $13.5 million in revenue for the second quarter.[20] In 1999, during the Dot-com boom, Broadcast.com was acquired by Yahoo! for $5.9 billion in Yahoo! stock.[21]"
This man is not a business genius. He is a good self-promoter, and has leveraged this to making a lot of money. Re-read the last couple sentences. he had a business with 13.5 million in revenue in 3 months (not profit... with 330 employees, it was much, much lower). He then sold it for likely a 500+ P/E ratio.
The tech stock market bubble made this man. I don't disparage him for that. However, any business advice coming from this man is virtually worthless. Self-promotion... he's up there.
See my journal for slashdot ID's by year. Mine created in 2005. http://slashdot.org/journal/289875/slashdot-ids-by-year