Finally!
A much anticipated event has happened. Media’s darling Google has done two things: (a) Disappointed Wall Street and (b) Disappointed its fans as the champion of democracy and free thinking.
Google’s profit and sales both surged in the fourth quarter, but the results disappointed investors, who were expecting another blockbuster quarter. Shares plunged as much as 19% in after-hours trading. (Read WSJ article for details.)
Earlier, Google’s position vis a vis China has been deeply criticized in all business media.
This was bound to happen.
A couple of 30-year olds refusing to give any credit to history and humanity’s lessons learned over many years, and choosing to reinvent the wheel in multiple domains - had a naivete about it that many found distasteful. They have wanted to reinvent the process of going public. They have wanted to reinvent management and organizational development. Unclear, to what great benefit to humanity.
Well, it’s time to grow up, Larry and Sergei …
You guys are brilliant. Let’s see how you handle the process of growing up, and the inevitable beating and slapping around that life provides, along the way!
Media builds personalities. Media, unfortunately, also, relishes the process of destroying personalities.
Watch out, lest it hurts!
“Media builds personalities. Media, unfortunately, also, relishes the process of destroying personalities. ”