updated 6mo ago
What Happened to My Search Engine?
Google was not pre-ordained to become a trillion-dollar business. In 2002, for example, the budding search engine company was treated with some skepticism. The New York Times titled a piece from that year, “Google’s Toughest Search Is for a Business Model,” summarizing the market’s concerns. One Salomon Smith Barney analyst more directly articulat
... See morefrom All the Answers | The Generalist by Mario Gabriele
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Bill Gurley famously did not invest in Google and calls it the biggest mistake of his investing career. Some reasons why he did not invest: At the time, Yahoo! was down 90% at the
time and Excite was going bankrupt
- Search was not that exciting from an external viewpoint
- Google had two Ph.D. founders who had never been a CEO be
from Legendary Investor Bill Gurley on Investing Rules, Finding Outliers, Insights from Jeff Bezos and Howard Marks, Must-Read Books, Creating True Competitive Advantages, Open-Source Strategies, Adapting Mental Models to New Realities, and More (#651) - The Blog of Author Tim Ferriss by Tim Ferriss
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How Google missed this moment is not a simple matter of a blind spot. It’s a case of an incumbent being so careful about its business, reputation, and customer relationships that it refused to release similar, more powerful tech. And it’s far from the end of the story.
from Why Google Missed ChatGPT by Alex Kantrowitz
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