Google passes its toothbrush test
Decisive Asset Management
Google (GOOG) had one of the largest ever one day gains in terms of market value increasing by $65 billion last Friday. The GOOG co-founders Larry Page and Sergey Brin made more than $4 billion each on Friday. TGIF drinks are on them! The rise was nearly as much as their $70 billion cash balance making GOOG the second largest company in the world behind Apple. Youtube and the new CFO's focus on cost deserve credit for the rise. Watch time on Youtube is up 60% year on year the fastest growth in two years. Mobile watch time has more than doubled from a year ago with the average user spending more than 40 minutes per session. The CEO Larry Page is famous for conducting the toothbrush test for investing. Any investment has to be meaningful enough to be used once or twice a day like a toothbrush. Youtube passes this test with over a billion users I have to keep reminding myself that its still only 10 years old. Find out more about Google and Youtube at (VIEW LINK)
Jason has a background in investment management, accounting and online retail. Together these three perspectives give Jason a unique view on investment trends in global markets.
Expertise
No areas of expertise
Jason has a background in investment management, accounting and online retail. Together these three perspectives give Jason a unique view on investment trends in global markets.
Expertise
No areas of expertise