
1. From its humble beginnings at Stanford University and its hokie corporate motto (”Do No Evil”), Google has become the Internet’s most dominant player. At some point in time, people stop cheering/admiring the king, and, instead, start to think that it’s time for the king to be dethroned or, at least, taken down a couple of notches.
2. Google is, in fact, fairly evil. The company is ultra-competitive, aggressive, hungry for growth and driven by two co-founders with their eye on the ultimate goal - to “organize the world’s information and make it universally accessible and useful”. That’s inspiring and scary at the same time. And look at how Google is reacting to the proposed Microsoft-Yahoo deal. Rather than watch from the sidelines, its corporate legal beagle is writing patronizing blog posts about how this combination would be a danger to the future of the Internet.
3. Ever since the $85 IPO, everyone’s been waiting for the stock to lose momentum. With a 30% decline in the past couple of months, it’s finally happening, which makes all those people who never jumped on the Google bandwagon or couldn’t afford it, happy in some odd way. Judging by some pretty terrible traffic numbers in January, Google shares could come down a lot more.
4. People like competition and under-dogs. In a sense, they want Google to stumble so its competition can catch up so Google has a compelling reason to develop better products. Without competition - be it from Microsoft, Yahoo, Ask, Powerset, etc. - Google risks becoming complacent.
5. Larry Page and Sergey Brin have become gazillionaires who buy 757 and 767s as well as a party plane. It’s hard not to shake your head at that kind of behaviour.
For more thoughts on Google, check out Fred Wilson (aka A VC)
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