Netizen

Thursday, June 12, 2014

Montauk

Montauk, maybe. But the World Cup first!

Friday, June 06, 2014

The Only Way Google Can Grow Like Crazy

English: Left to right, Eric E. Schmidt, Sergey Brin and Larry Page of Google Polski: Od lewej do prawej: Eric E. Schmidt, Sergey Brin i Larry Page z firmy Google (Photo credit: Wikipedia)

The only way Google can grow like crazy - and crazy is double digits - year in year out is if it gets a few more billion people online fast. Universal internet access is still Google's best bet, a better bet than Google Glass - duh! - and the Google Car. It is imaginable when one company dominated the PC operating system, but it is harder to explain why one company dominates online search. You were told growing up the competition was only one click away. But Google does. And so no matter how you play it, Google benefits simply by getting more people online. As in, it can simply keep offering the services it offers, and bring in three more billion people online, and it will have passed 500 billion in market value, and that 500 is a conservative estimate. I am surprised it is spending only one billion on satellites. Google should spend 10 billion, maybe 20 billion, and get everybody online already, like within a year, or two, before Obama passes out of office. This is not charity yo, this is big business. Waiting would hurt. If Google takes 10 years to get everybody online, there is no telling another search engine will not show up. 10 years are a long time in tech innovation. Maybe Jack Ma has a cousin or two. This is called printing money. This is called zero risk taking. This is harvest time for Google. The hard work has already been done, and the money is sitting in the bank like banana.

For every billion Google spends to get more of the world's people online, its market value is going to go up by at least two, maybe five, sometimes 10. Bhagat's Google Law, if you need a name for the easy math.

Internet Trends 2014 By Mary Meeker

KPCB Internet trends 2014 from Kleiner Perkins Caufield & Byers

Via Fred Wilson

Wild Hardware Startup

Liu, who’d backed UCWeb, first heard Lei’s pitch over the phone, in a call that lasted from 9 at night to 9 in the morning. Liu recalls that Lei described a smartphone company that moved with the speed of an Internet startup, listening and responding to users, selling hardware at or near cost, and earning a profit on accessories and Internet services. Liu ended up supplying half of the initial $10 million in capital. The VC arm of Qualcomm kicked in a minority investment.

Xiaomi's Phones Have Conquered China. Now It's Aiming for the Rest of the World