Comments on: Second Day Updates http://battellemedia.com/archives/2004/04/second_day_updates.php?utm_source=rss&utm_medium=rss&utm_campaign=second_day_updates Thoughts on the intersection of search, media, technology, and more. Thu, 23 May 2013 12:55:00 +0000 hourly 1 http://wordpress.org/?v=3.4.1 By: Seun Osewa http://battellemedia.com/archives/2004/04/second_day_updates.php#comment-24196 Seun Osewa Sat, 01 May 2004 11:19:59 +0000 http://battellemedia.com/archives/2004/04/second_day_updates.php#comment-24196 <p>I don't see why they should sell their stock right now. I don't see it. They have nothing to gain by relaxing control NOW. They should, though, be planning for succession.</p> I don’t see why they should sell their stock right now. I don’t see it. They have nothing to gain by relaxing control NOW. They should, though, be planning for succession.

]]> By: Slav Kandyba http://battellemedia.com/archives/2004/04/second_day_updates.php#comment-24195 Slav Kandyba Sat, 01 May 2004 01:34:12 +0000 http://battellemedia.com/archives/2004/04/second_day_updates.php#comment-24195 <p>Re "In an unusual declaration, Messrs. Page and Brin said in the prospectus that they planned to sell a portion of their holdings as part of the public offering" ... smells like they're giving a bit to cover their butts, knowing something pretty obvious - they won't stay on top forever. It's interesting to juxtapose this to something I read previously, where they're quoted as saying "we're going to do it the way we want to do it." I guess the guys are too smart for they're own good. I wouldn't bank on Google for too long, but I still use it. </p> Re “In an unusual declaration, Messrs. Page and Brin said in the prospectus that they planned to sell a portion of their holdings as part of the public offering” … smells like they’re giving a bit to cover their butts, knowing something pretty obvious – they won’t stay on top forever. It’s interesting to juxtapose this to something I read previously, where they’re quoted as saying “we’re going to do it the way we want to do it.” I guess the guys are too smart for they’re own good. I wouldn’t bank on Google for too long, but I still use it.

]]> By: Henrik Torstensson http://battellemedia.com/archives/2004/04/second_day_updates.php#comment-24194 Henrik Torstensson Sat, 01 May 2004 00:12:14 +0000 http://battellemedia.com/archives/2004/04/second_day_updates.php#comment-24194 <p>When comparing Yahoo and Google one should note that Yahoo reports gross revenues including payments to MSN and other partners, while Google reports net revenues excluding payments to partners.</p> <p>If both had reported gross revenues, Yahoo's revenue for 2003 was $1,625 million and Google's revenue was $1,462 million. Cash flow from operations was 428,1 million for Yahoo and 395,4 for Google. It looks like Google is very close to being the size of Yahoo. The implications on valuation should be interesting.</p> When comparing Yahoo and Google one should note that Yahoo reports gross revenues including payments to MSN and other partners, while Google reports net revenues excluding payments to partners.

If both had reported gross revenues, Yahoo’s revenue for 2003 was $1,625 million and Google’s revenue was $1,462 million. Cash flow from operations was 428,1 million for Yahoo and 395,4 for Google. It looks like Google is very close to being the size of Yahoo. The implications on valuation should be interesting.

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