All about Business and management

June 12, 2007

Google and its SteetView : My Opinion

Filed under: My Opinion — Jagdish Hiray @ 4:38 pm

           Recently Google rolled out street view and it has gathered attention from around the world, people from all industries. There have been reports on public privacy, some groups rated Googlelowest maintaining public privacy, people got scared walking on street, some people spenttime digging google earth to have fun using StreetView. Industry reports are saying Google does whatever it can to find new avenues to boost its advertise revenues.            

            However, do we expect this from a company whose stock is continuously going high in last couple of years ? Do we expect as investors to make use of our money to invest in tools likeStreetView? Does developing such tools adds value to company portfolio, value to its services?Does not it seem to be immature way to developed and roll out such product? Whenever I think aboutStreetview, it always comes to my mind, what value this service adds to for public, as a product ?Is not it a waste of investor’s money, resources and efforts ?        

                Time has come for investors to take a close look at Google and its strategies. My strong saying is “Google is another bubble” and Wall street has to learned from 2000 bubble burst, common people are the ones who gets burned when bubble burst …  

 

Jagdish Hiray

 

(these are my own and sole opinions and are expressed solely from my heart) 

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1 Comment »

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