Why does Google become even more “valuable” day after day? That is not the $64,000 question, it is the $150 billion market cap question.
The Google CEO has the answer: “Network Effect,” big time.
The more information that goes into the “search” network, the more valuable it becomes, Eric Schmidt said in his Personal Democracy keynote Friday in NYC.
When Schmidt says the MORE information the better, he really means it.
Full article: ZDNet Blogs
Labels: CEO, Eric Schmidt, Network