Any company that relies on Google search to drive revenue is in trouble: Chamath

“The longer it takes for Google to find a second act, the more you’re f—-d,”.

“If you are in the business of being a parasite on top of Google, your medium-term and long-term prospects are terrible; you’re an impaired company, you don’t know it,” [Chamath].

The only way to win, he argued, is to offer unique value; many companies have done the opposite, becoming more like their competitors and relying on Google to drive volume. That’s a recipe for disaster. [Chamath Palihapitiya at a conference / via]

The same, by the way is also applicable to businesses fully dependent on Facebook (and similar network).

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