this post was submitted on 04 Aug 2023
1777 points (97.0% liked)
Memes
45680 readers
748 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Being good is good for growth, but investors eventually want that payout.
Google also had, realistically, no competition in the online ads business for most of that time. Microsoft tried so hard but never broke into that market. No other online ad company could even come close to google 2000-2010 in terms of scale, technical chops, etc.
It’s easy to have principals, it’s hard to live up to them. The first real competitor to Google’s online ads dominance was Facebook and has caused Google to completely shit the bed (from practices and policy, they’re obviously doing well money wise)