Google's stock has climbed over $500 per share and it has been acquiring different companies left and right. If you look at the corporate world, you could see that it is a very common practice anyway. One may argue that Google may eventually grow too big and become the second coming of the evil empire (Microsoft), but we can worry about that later.
Interestingly enough, the online gambling industry is picking this up as well. We are starting to see people placing bets on which company Google is going to acquire.
At this time, Facebook has the best odds with 3 to 1, followed by CNETs GoDaddy and Associated Press. My guess is, Google will acquire fifty more companies before getting to these guys ...
Monday, June 11, 2007
Betting On Google
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3 comments:
Hi Andy,
I tried to post a comment earlier but it just didn't want to.
I wanted to say that I don't think Google will buy Godaddy though I think they probably should buy or become a registrar because many Blogger using bloggers (like you and I) want their very own domain name and they are willing to pay for it.
Also I think Goggle should try and acquire web sites such as digg, I would also have said MyblogLog if Yahoo hadn't done it already.
I don't think Bob Parsons would let go of Godaddy either. But it make sense for Google to have a register (Yahoo has its own already).
It pisses me off when I keep track of Google stock...My brother and I told our parents to invest...pretty much everything when they first went public and opened at $100 i believe?? But they didn't believe Google was going to get anywhere... psh!
-Gregg
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