The value of Google
There are many ways to assess the value of something.
Google is certainly of value to me -- I have it as the home page for all of my browsers and use it several times/day.
There are also financial valuations -- Google has risen to the top here as well.
BBC News has the story.
$80bn Google takes top media spot
Internet search phenomenon Google has overtaken a swathe of venerable rivals to become the world's biggest media company by stock market value.
After its shares hit an all-time high on the New York markets on Tuesday, Google is now worth $80bn (£44bn).
This takes it ahead of media leviathan Time Warner, which is valued at $78bn.
The valuation comes in spite of the fact that Google's annual sales total just $3.2bn, a fraction of Time Warner's $42bn.
Very cool - Larry and Sergey came up with an idea whose time was right, delivered a working implementation and proceeded to mop up the competition. Well done!
Posted by DaveH at June 8, 2005 10:44 AM