Thursday, October 20, 2005
Speechless: "Google's stock price—shocking though it is—is much less amazing than Google's fundamental performance, which is simply not to be believed. A 7 year old company with a revenue run-rate of $6 billion, an annual growth rate near-100%, 43% EBITDA margins, 100%-plus return-on-invested-capital, a dominant global franchise, and already about half the cash flow of Time Warner (a 100 year-old company with 85,000 employees). As folks at net-relic Compuserve might put it: Wow." —Henry Blodgett