I could name at least 5 projects that Google is working now that is a long-term bet and doesn't care about quarterly earnings.
Name them. And how much money Google is investing in them. I could launch a project that costs me $5. All these "projects" are tolerated because Google is increasing earnings by double++ digits each quarter, albeit by destroying every bit of their credibility. The minute the over-monetization growth stops, Larry Page will see Google's stock drop by $200+ a share and he'll face a mutiny within Google and the press will call Google a has been. You bet he cares, he's just a good liar.
Name them. And how much money Google is investing in them. I could launch a project that costs me $5. All these "projects" are tolerated because Google is increasing earnings by double++ digits each quarter, albeit by destroying every bit of their credibility. The minute the over-monetization growth stops, Larry Page will see Google's stock drop by $200+ a share and he'll face a mutiny within Google and the press will call Google a has been. You bet he cares, he's just a good liar.