Wednesday, February 01, 2006

Silicon Valley Shrugs Off Google Hiccup: "David Hornik of August Capital sent a very succinct message that sums it up nicely. ‘I suspect that every one of my startups would be thrilled to miss their earnings by only making $1.92 Billion in the quarter,’ he says. ‘Google’s performance remains spectacular, so I can’t imagine that it will negatively impact the startup climate.’" —Om Malik

"Sure, we're a public company, we missed our numbers, and our stock took a 10% hit, but who cares? We're worth so much it doesn't even matter!" Bubble on, Hornik!