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Originally posted by Mmmm, Burger (C.J.)
1) How does Google have a market cap over $130b? Are they selling (or will they be able to) sell that much advertising? I don't recall ever clicking through to an advertised link to purchase something.
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Some Degree of Hype, No, and Probably Not. Google has a sizeable war chest, they own the market for search, and people seem terrified that they'll move into THEIR market next, which probably accounts for much of that inflated share price. AoN, most startups could only dream of the kind of success Google has had in search.
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2) Don't companies who want to use IM internally buy the actual software along with a server to run internally, to prevent security problems?
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Yeah, though these guys don't seem to be going after that market. It's more of a combo of professionals who can't use IM at work, plus folks who don't want to download and use IM because it slows shit down, plus the entire MySpace pre-teen demographic who uses 8 kinds of IM and thinks meebo is just the shit.
