I fee bad that you can't believe that some people or company with money just wants to make the world a better place.
You said it yourself. Google probably won't make money. Maybe, just maybe, they just want to do something good.
I fee bad that you can't believe that some people or company with money just wants to make the world a better place.
You said it yourself. Google probably won't make money. Maybe, just maybe, they just want to do something good.
> I feel bad that you can't believe [..]
the same could be said for naiveté.
They don't need to do this. Yet they do. That's good enough for me.
Though opening up their index and creating a search marketplace might seal the deal.
But think about it...right now they have a random bunch of 10 or so tabs (flights, recipes, patents etc) above the search box. Is that it?
To expand search to its full potential that list has to expand.
What better way to do it than create a marketplace? It would be a good experiment to run a pilot in some small country or city and see what happens. Unlimited API access to google search...any app built on top of that platform that gets X number of hits becomes another tab above your search bar...for a price...or advertisers could make it free cause domain based search can get them better targeting.
Regarding the share structure, Google has two classes of shares, or maybe three by now. Class C shares don't get to vote, and I can't remember if they exist yet (IIRC they were voted into existence a year ago, but only pending various hurdles that I think might not have yet been cleared). Class B shares are worth 10x as much as Class A shares, for voting purposes. Guess who owns most (all?) of the Class B shares.
Anyway, the various share classes are all a bit beside-the-point. The real point is that when you add up all the votes, Larry and Sergey control a lot of them. And then there's Eric. And then there are a few CxOs/SVPs with meaningful shares. So basically a small group of people, who have led Google to its current state, are in control. Other shareholders are just along for the ride.
On top of all that, Google has always warned potential buyers that they don't give a shit about quarterly earnings, and they care about long plays and such, from the IPO forward. If minority shareholders were to sue the company for lack of fiduciary care, I think this would go poorly for them.
You could look up modern SEC filings to have a more-detailed breakdown, but here's a years-out-of-date summary I found with a few minutes use of... you guessed it.