Google: Really Smart Outfit

July 29, 2009

I saw this short item in Industry Standard. The title? “Google Sells AOL Stake after Writing Down More than $700 Million”. With thousands of wizards, I suppose buying something for $1 billion and selling it for $283 million is really savvy. I think Google’s wizards are far more money smart than this addled goose. I thought an investment was to grow, not shrink. Shows what little I know.

Stephen Arnold, July 28, 2009

Written by Stephen E. Arnold · Filed Under Business strategy, Financial, Google, News

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Stephen E. Arnold monitors search, content processing, text mining and related topics from his high-tech nerve center in rural Kentucky. He tries to winnow the goose feathers from the giblets. He works with colleagues worldwide to make this Web log useful to those who want to go "beyond search". Contact him at sa [at] arnoldit.com. His Web site with additional information about search is arnoldit.com.

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