Some Google employees are leaving Google for social site released this hacker spirit going over in Beijing HQ, it seems.
Now Valleywag’s Paul Boutin follows up with a quote from Jason McCabe Calacanis at a ZDNet news in June 1999 (my emphasis):
When asked how the company plans to make money, Google CEO and co-founder Larry Page would only say what they won’t do. They don’t want to become a portal. No content. And they want to avoid competing with other search engines to be the browser of choice for existing portals. In fact, Page said Google doesn’t have any real competitors at all, which may be why they don’t intend to do much marketing.
But even Internet companies, which are almost expected to lose gobs of money, need at least a revenue stream, don’t they?
“We have other ways of making money,” said Page. “You’ll see.”
Suggest a Correction
Found an error or have a suggestion? Let us know and we'll review it.
No comments yet. Be the first to comment!