Jason Calacanis sees the long view on Google
Jason Calacanis is a smart guy, and he provides a lot of evidence to support his view that Google will have 90% search market share in the US one year from now. The implications are rather enormous. Jason’s position in a nutshell:
The current price of Google’s stock is probably the last historic chance to get in on what will be a juggernaut–recession or no recession. Google’s management team is very content with their net worth I’m sure, and given my (limited) interactions with senior Google folks I get the sense that they care much more about their legacy, the thrill of solving big problems, and the quality of their products and organization than they do about short term stock prices. Google will invest heavily during the recession–as smart folks do–and they will add 20% to their already impressive marketshare in the US.
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