Oh those many years ago, when Google first went public, I thought about investing in it. I was a keen user of Google, loving the slick, minimalist interface and improved search results from right from when I first used it in beta. But when the initial share price was announced at $85 or so, I balked. No way was I going to drop that kind of money on a company that didn’t have a solid revenue stream in place, especially following as it did the bust of the dot-com bubble where so many other bright-ideas-but-no-revenue companies ballooned up just to crash. I figured it was overhyped and would fall not too long after the IPO into a range that would be more appropriate, less inflated by rumour and speculation. (Also, to avoid an odd-lot-trade, a share price of $85 (US, which was expensive at the time, too), would have required buying 100 shares. While I might have believed in it enough to invest say $500 or even $1000 in Google just to see what happened in the long run, I couldn’t put down the nearly $10,000 it would take to buy a lot of 100 shares…)<\/p>\n
Well, I was wrong. Google’s just kept going up, nearly linearly, for the last three and a half years, and is actually profitable. Someone get me a time machine!<\/p>\n","protected":false},"excerpt":{"rendered":"
Oh those many years ago, when Google first went public, I thought about investing in it. I was a keen user of Google, loving the slick, minimalist interface and improved search results from right from when I first used it in beta. But when the initial share price was announced at $85 or so, I […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/www.holypotato.net\/index.php?rest_route=\/wp\/v2\/posts\/373"}],"collection":[{"href":"https:\/\/www.holypotato.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.holypotato.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.holypotato.net\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.holypotato.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=373"}],"version-history":[{"count":0,"href":"https:\/\/www.holypotato.net\/index.php?rest_route=\/wp\/v2\/posts\/373\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.holypotato.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.holypotato.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.holypotato.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}