The answer to this question is classic Googlespeak:
IS THERE A GRAND STRATEGY FOR GOOGLE? IT SEEMS AS IF YOU’RE DIVING INTO ALMOST EVERYTHING.
SCHMIDT: We try very hard to look like we’re out of control. But in fact the company is very measured. And that’s part of our secret.
The article in Barron’s is less optimistic about Google’s financial future.
“Google reminds me very much of what went on in 1999 and 2000,” says Fred Hickey, editor of the well-regarded High-Tech Strategist newsletter and a member of the Barron’s Roundtable. “The valuation is insane, relative to what they do.”
And in comments about senior Google execs selling stock:
“… it’s notable that none have purchased shares in the wake of the recent stock pullback. Investors might be wise to follow what they do and not what they say.”
I’m a little more optimistic than that – but I may wait on buying any more GOOG.
Tags: Google, Time, Barron’s, GOOG
About the author
Lee Odden has been recognized as a top B2B Marketing professional by Forbes, The Economist and the Wall Street Journal. For over 20 years he's worked with his team at TopRank Marketing to help elevate the B2B marketing industry through creative marketing programs that deliver more authentic, experiential and inclusive content for brands like LinkedIn, Dell and Adobe. Lee is the author of Optimize and has published over 1.4 million words on his agency's B2B marketing blog. As a trusted marketing thought leader, he has given nearly 300 presentations in 19 different countries on B2B content, search and influencer marketing. When not marketing, Lee is probably running, cooking or traveling.