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 5/10 Good --- seekingalpha.com http://feeds.feedburner.com/internetstockblog
| 'Internet' Tag RSS Syndication from SeekingAlpha.com ... |
Tuesday, May 13, 2008 --- 74 days ago http://seekingalpha.com/article/77002-is-google-its-own-worst-enemy?source=feed
| Mathew Ingram submits: There have been lots of “whither Google (GOOG)?” stories in dozens of
publications, and no doubt there will be dozens more to come. Some talk
about competition from Microsoft (MSFT) on the advertising side, and some talk
about how Google hasn’t really had any big hits apart from its ability
to coin money on keyword-related search. But Adam Lashinsky’s latest
piece for Fortune magazine puts its finger on
what I think is one of the biggest issues facing the company: namely,
the simple fact that it has become a gigantic entity (and one that is
getting more gigantic every day), and it’s hard to be as creative or
move as swiftly.
I encourage you to read the whole thing, but a couple of things
jumped out at me: one was the fact that Google is hiring on the order
of 100 people every week . When Google went public in 2004, it had about 2,000 employees — now it has almost 10 times
that many. And with all of those employees, and the billions of dollars
that the company brings in every quarter, Google has no doubt developed
a bureaucracy of sorts, even if it is a bureaucracy composed of kids in threadless T-shirts riding scooters on their way to the free massage
area. Complete Story »
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