Biz: Google’s Larry Page deserves praise, not criticism, for earnings
- Doing what Google needs to do to be a fast-growing dominant company in five years means sacrificing some of the bottom line this year and next (and maybe forever). It also means spending less time kowtowing to Wall Street and more time focusing on products and users. In his first few weeks on the job, Larry Page is doing exactly that. And if Wall Street doesn’t like it, whatever.
- Business Insider’s Henry Blodget • Offering a spirited defense of Larry Page and Google, which just felt investor rage over a quarter that didn’t meet their expectations. We’re with Henry. They’re already making more money than God, so why give them crap over not making every penny they can, and trying to think long-term? source
