Any company that relies on Google search to drive revenue is in trouble: Chamath
November 25, 2019 2019-11-25 10:45Any company that relies on Google search to drive revenue is in trouble: Chamath
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).