MG Siegler

"Schmidt doesn’t think it was out of the realm of possibility that Google could one day be responsible for 10 percent of the United States’ gross domestic product (GDP). Right now it accounts for .7 percent." This is part of what I always liked about Google -- they think big! - Paul Buchheit

"I never worry about Microsoft" -- That is a true sea change and an iconic sign of the times. I always felt like MSFT was the one element that had the potential to distract us (Google) from focusing strictly on the needs of end users. Many of the management team came from old MSFT foes like Netscape, Sun, Novell, Apple, etc. It would have been natural. But if the landscape has evolved to where Eric really doesn't need to worry about Microsoft, I am a happier Google shareholder. - Christopher Sacca

Yeah, I wonder if the Microsoft statement was sarcasm. - Paul Buchheit

I actually think he might be serious. They certainly haven't proven much of a search and ads threat and IE never turned out to be the Trojan horse some had predicted. - Christopher Sacca

I link to the videos at the bottom paul, feel free to listen for yourself (they aren't embeddable unfortunately...) from his tone I'd say there's some sarcasm but just as much indifference. - MG Siegler

Probably. Google probably sweated the Yahoo debacle. Yahoo's tech in the hands of Microsoft wold make all kinds of things happen to googles market share. Microsoft has show a willingness to spend money to beef up its search offering. Microsoft may only be a few hot startups away from hitting on somthing big. - Roberto Bonini

I have got an idea for monetizing youtube. 3 sec doubleclick-ad in pre-roll and post-roll - Varun Mahajan

By what measure is Google 0.7% of US GDP? By my math, Google had $16.6 billion in total revenues in 2007 (finance.google.com), and the US nominal GDP for 2007 was $13.8 trillion in 2007 (CIA World Factbook). That gives Google 0.12% of US GDP. It doesn't make sense to compare Google's market cap to GDP because GDP measures only one year of production, not total domestic wealth. Even my comparison is too generous because it compares Google's worldwide revenues to only US (not world) GDP. - Jorge Ortiz

"I never worry about Microsoft." He's lying. - Sprague D

I agree with Jorge -- The notion that Google is .7% of US GDP is nonsense. I know it's hard to comprehend the size of the U.S. economy when you live in the Silicon Valley, but you guys really need to get out a little. - Rex Hammock

sorry guys, .07%, cramer said it wrong first and NBC transcriber apparently missed it, i'll correct. - MG Siegler

Google does not do horoscopes, financial advice, chat, financial transactions, birthday parties, light manufacturing, new housing starts, mining, war-zone security contracting, farming, credit counseling, bartending, forestry, earthquake survival instruction, air traffic controlling, or high-speed pizza delivery. - Neil Kandalgaonkar

Listening to the video is much better... You get to hear Kramer being Kramer. I am a bit skeptical about the thing that Eric says about adding one business after another to maintain the growth rate. AFAIK, this was the exact same strategy that MSFT followed. They moved into video games/TV/mp3 players etc.. Most of these businesses failed because MSFT was/is a large org. and it is extremely difficult to build successful businesses in large orgs. I am not sure Google has cracked this one either. - Bindu Reddy