Google aims to build $100 billion company
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Becoming a company worth $100 billion is a huge effort, even for the likes of Google. Nevertheless, this is what Google fully intends to make happen. Do they have a sound strategy to make this happen? Depends on who you ask.
Web search leader Google Inc. aims to become a $100 billion company and plans to put computer systems and other investments in place to help reach that scale during 2006, executives said on Thursday.
“I’ll leave it to you to judge whether that is $100 billion in market capitalization or revenue,” Google Chief Executive Eric Schmidt coyly said as he outlined his 2006 priorities to Wall Street analysts at the annual Google Analyst Day meeting. Source: Financial Express
[tags]100 billion dollar company,google analyst day,wall street analysts,market capitalization[/tags]