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Google Gets Bigtime Funding
EtherSnoot writes "Google just got $25 Million in funding from some Internet Big-Wigs. I guess there going big time. Awesome to see such a cool search engine getting the bucks. The article is here. " Wow-they've got both Sequoia and Kleiner Perkins for VC funding. Excellent-I'm glad to see they are getting what they deserve.
They re-spidered my site this afternoon.
/. pages. I do wonder how much disk space they're using (wasting?) caching sites like /. which are so dynamic that there's not much point caching them
Seriously, I do find it quite strange that many of the tops hits when searching for the name of my site are cached
Paranoia isn't an infectious condition, it's a way of life
pooptruck
FWIW, I once worked at an ISP. I got to sit in on meetings where the execs were discussing the value of the company if it were to go public.
As you said, they base the company value on the user count at $xx per user. In this case, the explanation was that $xx per user is how telcos are valued. They believed that the telco model was the closest thing to an ISP (since no/few ISPs have been around long enough to show real long-term returns).
Of course, that wasn't a big enough number for them, so they pumped it up a bit because ISP customers are worth more per user. Their conservative estimate was basically midway between the value per customer of a telco and the value per customer of another ISP that had already gone public.
I am sure that if they IPO soon and catch the wave, their estimate will be about right. It just amuses me that this kind of creative math is used to estimate the value of these companies. It will probably require several years of profit/loss statements to figure out the real equation.
Save the whales. Feed the hungry. Free the mallocs.
Um, they have several Sherlock plugins listed in the "More Google..." link. (See http://www.google.com/defaults.html) They just don't advertise it on their front page. If they advertised everything they have on the front page, the people in this forum would be complaining about how cluttered the interface is. ;-)
Amit
Pick up a copy of "Fortune", "Forbes", "Upside", or any other magazine which targets executives. I seem to find article after article about small tech companies that went big-time and made some college student rich.
These stories are great sources of inspiration, but they tend to gloss over the technical side of things. This is understandable if your audience is not technical, but sometimes understanding the nuts and bolts helps explain WHY the company succeeded.
Of course, to many managers and execs, the technical side is irrelevent. (sarcasm) Obviously, these companies succeeded because they have great management. Engineers and techies are just laborers who help the fulfill the executive "vision".
Sorry to sound bitter, I'm just dealing with a situation right now where a certain CEO keeps repeating the word "portal" like some kind of mantra. He doesn't really know what a portal is, he just wants one ("What color would you like that portal to be?" "I think mauve has the most RAM.").
Save the whales. Feed the hungry. Free the mallocs.
How long before the google engine only becomes accessible through some overburdened overbranded 'portal' site?
pooptruck