David Olivencia on LinkedIn: $1000 invested in Google in 1998 as an Angel Investor would be worth… (2024)

Interesting Quote from a pretty brilliant investor I have known for 20 years & we were discussing "The Diffusion of Innovation Theory" (One of my favorite topics) and he really laid it out quite brilliantly. (Paraphrasing): "By the time you see everyone on #linkedin talking about a 'Game-Changing Technology' the game has already changed, the real money is gone, and the people who start companies around that "Game-Changing Technology" are essentially playing for table scraps, and are already the "Early Majority" who will sell to the "Late Majority." That's great for them and people have been massively successful building off of great innovation, but they are not "Innovators." People who write content or post articles about some new innovation are not even "Early Adopters," (like they think they are) by the true definition. The real conversation is over by the time it hits mainstream consciousness.Let me ask you, wise guy. How much was Google worth before every Tom, Dick & Harry started saying they were Google Certified, Google Experts, or Thought Leaders? Look at you! How much money did you make joining a young company that went public doing just that? Did Google ever say anything about themselves before they were worth billions or did they just let everyone else do the work for them?"#technology #money #innovation #investing #building

5

1 Comment

💻💫 Larry Page & Sergey Brin, the founders of Google, chose an unconventional path for their company's growth. After launching the project, they turned away from investors and bankers & instead sought support from family & friends, who invested $1 million in Google to fuel its growth. This unconventional approach allowed them to retain more control over the company 🤯📈Later on, #LarryPage showcased his exceptional #strategic acumen by creating Alphabet Inc. in 2015. From that point, he became the #CEO of #Alphabet & #Google became one of its subsidiary companies!This move enabled better organization of the conglomerate's activities & directed attention towards diverse areas of operation.Consequently, Page continues to impress with his vision & leadership in the world of technology 🎉👀 Would you consider inviting your friends and family to become business partners?

3

Weekend Reads ( 29-07-2023)A few curated reads for the weekend from the team Tamohara Investment Managers #LESSONSFORINVESTORSThis article explores what would happen if God himself, with perfect foresight, were to participate in the public markets and rebalances once every five years. Clearly he would crush it. However, even that portfolio is not immune to drawdowns. We take a look at the importance of behavioural edge and the impact it has on frequent performance analysis. Remember - even godly returns come with significant periods of underperformancehttps://lnkd.in/gncbZAQT Google has reinvented the way the world accesses information. Larry Page and Sergey Brin have always had a healthy disregard for the impossible and a focus on the long term which is why, at Google, innovation is not just a buzzword. We take a look at the letter they wrote to prospective Google shareholders in their IPO prospectus - "An Owner's Manual" for Google Shareholdershttps://lnkd.in/gvZ7yf-Y #DIDYOUKNOWThe length of movies has been creeping up for years, even as streaming, TikTok, and absolutely everything else in our culture has rewired our brains to respond to shorter and shorter bursts of content. Reasons are many and yes even Covid is one of themhttps://lnkd.in/gA4qBdkz Have a great weekend!#weekendread #didyouknow #investing #weekendreading

Is Google Stock a Good Investment? Let's Ask Bard#GoogleStockInvestment🤝 Follow us on Discord 🔜: https://lnkd.in/gt823Zd3🤝 Follow us on Whatsapp 🔜 https://wapia.in/wabeta_❇️ Summary: Google Bard advises on investing in Google stock, emphasizing E-E-A-T. Competition from other tech giants like Amazon and Microsoft is presented as reasons not to invest. Top mutual funds show interest in Meta, Tesla, and Google stock, indicating a focus on AI investments. Google stock earns a strong rating and is rebounding towards a new high after a dip. The decision ultimately rests with the investor. Hashtags: #chatGPT 1. #GoogleStock2. #InvestmentAdvice

Google and Facebook (Meta) may have grown to be amongst the most valuable companies in the world, however, we deliberately didn’t invest.Why?Find out in our latest investment thinking video with our Director of Investment, Guido Bicocchi. The full version is available here: https://lnkd.in/eSxqTiry#investment #google #facebook #longterminvesting

16

Here’s a case study of Google. Yesterday they announced that they will soon shutter YouTube stories. When they announced Stories, they pushed them hard, but now, not very long later they are shutting them down.This happened before. Hasn’t it?❌ Video editor❌ Annotations❌ Star Ratings❌ Custom layouts for channels❌ Subscriptions❌ Video Responses❌ Private Channels❌ Sidebars❌ Comments (from kids videos)❌ Miniplayer❌ Featured Content❌ Honors❌ Dislikes❌ Groups❌ Private messages❌ YouTube friends❌ Liked videosI made this long list purposefully. Just wanted to show you many experiments YouTube has done and removed them when they didn’t get results or when the market changed.Is there a learning opportunity for us somewhere here?The best brains in technology and business can’t predict what actually works. The only credible strategy is to keep throwing a lot of things at the wall and waiting for the one that sticks.It’s the same for Facebook, Twitter and for every other business out there. We are just able to track them better because they are in 24x7 public scrutiny.So why are some entrepreneurs still fixated on finding that ‘one-big-idea’? Why not generate a lot of ideas, execute them and scale the ones that work?Experiments are the soul of business. I firmly believe that and even though I have a much smaller organization and team; I try to execute as many experiments as I can and keep the ones that seem to work.Most of them don’t.A practical hit rate is about 20%. 80% don’t work, 20% work and about 5% become scalable. It’s the same for me and I dare say, it’s the same for YouTube and Facebook.The game-changer is running into an experiment that you can really scale. Like the ‘Pagerank’ experiment that Larry Page did when he founded Google.What do you think about this? Are you an experiment-maker? Do share what strategy has worked for you.#business #technology #opportunity #strategy

From Google to Alphabet: Finally The Name FitsIn 2015, Google made a monumental decision to change its name to Alphabet, a clever play on words to excite the investment community. This was a significant announcement that revealed the highly profitable “Core Google”. It also unveiled the multi-billion annual losses in “Other Bets”, a category for high-cost science projects without clear paths to commercial profitability.Since that day in July 2015, “Alphabet” has disappointed investors time and again across various aspects. It's a company with great potential, but the management's reluctance to make difficult decisions has been discouraging.However, change is here!The sudden success of OpenAI has challenged Google's long-held lead in search and artificial intelligence. These twin setbacks within a year have made their mark, and we see Google making better strategic decisions to leverage its full breadth of capabilities.The significant shifts have been in the commercialization and cost control in the company. The AI divisions have been restructured to focus on practical tools that enhance its dominant search engine. This crucial yet underrecognized transition has pushed Google to actually exploit its extensive AI capabilities for the benefit of customers. Alongside, there's a noticeable shift towards containing costs. This is evident in the decrease in employees to 181,900, down by almost 10,000 from the peak in Q1 of the last year, thanks to careful expense management. These changes could have occurred sooner after the 2015 rebranding, but as the saying goes, better late than never.As a final step management made a strong commitment to return almost $80 billion back to shareholders through a share buyback program and its first ever dividend. I see this as a critical final step in the long journey at Google, they have finally graduated to becoming a dividend aristocrat and matured in their philosophy as a management team. We now have a line of sight for greater income back to shareholders and a more focused strategy to expand and entrench their incredible business .Today as the best opportunity in the Magnificent 7 we can finally say, Google is absolutely an “Alpha-bet”.Have a great weekend!P.S. Sorry Meta, we'll see you on the flip side of the Llama 3 & 4 investment cycle. It's an expensive move but the right one.

53

2 Comments

Heyy!!! Connectionss.... here we see small artical about GOOGLE... #designthinkers#designthinking #google #snsinstitutions #snsdesignthinkersCategory: History & SocietyIn full: Google LLCFormerly: Google Inc. (1998–2017)Date: 1998 - presentTicker: GOOGShare price: $133.92 (mkt close, Nov. 30, 2023)Market cap: $1.71 tr.Sector: TechnologyIndustry: InternetCEO: Larry PageHeadquarters: Mountain ViewGoogle, American search engine company, founded in 1998 by Sergey Brin and Larry Page, that is a subsidiary of the holding company Alphabet Inc. More than 70 percent of worldwide online search requests are handled by Google, placing it at the heart of most Internet users’ experience. It is one of the world’s most prominent brands. Its headquarters are in Mountain View, California. In mid-1998 Brin and Page began receiving outside financing (one of their first investors was Andy Bechtolsheim, a cofounder of Sun Microsystems, Inc.). They ultimately raised about $1 million from investors, family, and friends and set up shop in Menlo Park, California, under the name Google, which was derived from a misspelling of Page’s original planned name, googol (a mathematical term for the number one followed by 100 zeroes). By mid-1999, when Google received a $25 million round of venture capital funding, it was processing 500,000 queries per day. Activity began to explode in 2000, when Google became the client search engine for one of the Web’s most popular sites, Yahoo!. By 2004, when Yahoo! dispensed with Google’s services, users were searching on Google 200 million times a day. That growth only continued: by the end of 2011 Google was handling some three billion searches per day. The company’s name became so ubiquitous that it entered the lexicon as a verb: to google became a common expression for searching the Internet.

15

Today in #Brand History: Google.From Garage Startup to Global Tech GiantOn September 15, 1997, Larry Page and Sergey Brin, two Ph.D. students at Stanford University, registered the domain name google.com. This simple act would mark the beginning of a tech revolution, transforming the way we access and interact with information on the internet. Google, now one of the world's most recognizable brands, has evolved from a garage startup into a global tech giant, reshaping industries and impacting the daily lives of people around the world.Check out my blog post#newblogpost #google #todayinbrandhistory #brands #innovation

2

Early stage investing is much more emotional than it is logical.Don't get me wrong, you do need to have a semi-novel idea, good execution skills, and a scalable company, but assuming you check enough boxes, investments are made on FOMO, potential, and big bets. Find ways to signal to investors that the emotional side of things is more exciting than it is scary.Here are somethings that can make a huge difference in getting investment:✔ Talks with big players in the space (especially if you can get someone to love/support your idea) --> someone high up at Microsoft said they loved this idea✔ Imminent revenue/traction --> We have 5 LOIs or are welcoming 1000 users off a waitlist✔ New Distribution Partners --> We have an agreement with X party who we expect to lead to 5 new clients and $5k in revenue every month.You need to build things, get people interested/onboard, and then talk about that traction like you're on the path to unicorn already.🦄 🦄 🦄 🦄 🦄 That traction will turn into emotion, then the emotion will turn into investment.

30

16 Comments