[guyzero]

Omnicom: $15B revenue annually, $17B market cap WPP: $18B revenue, $23B market cap Google: $110B revenue, $750B market cap

Seems like a good argument that being tech-forward provides a multiplier on value versus doing the same old thing, if you believe that these are all just advertising companies.

[vonmoltke]

> Google: $110B revenue

Where did you get 110 from? I'm seeing 90 for last year.

[guyzero]

https://finance.yahoo.com/quote/GOOGL/financials?p=GOOGL

$110B total revenue for 2017

[chillee]

That's all revenue, including non-advertising revenue.

[icebraining]

True, the ad revenue was $95B.

[vonmoltke]

Yeah, I screwed up and was looking at the wrong number.

[tomc1985]

Hardly a fair comparison, considering Google's extensive non-advertising product offerings

[friday99]

Those "other revenues" only account for about 13% of Google's revenue. So its a fair comparison. Google is almost 90% an advertising company.

https://abc.xyz/investor/pdf/2017Q4_alphabet_earnings_releas...

[tomc1985]

Yes because all those apps exist... to funnel people towards Google's extensive advertising network, so the money shows up as adbiz revenue instead of with products.

[freeone3000]

So, by pursuing other technological innovations, they are able to expand their advertising business?

[tikhonj]

Extensive non-advertising product offerings that somehow don't translate into extensive non-advertising revenue...

[guyzero]

"if you believe that these are all just advertising companies."

I'm not the one calling Google an all-advertising company, I'm just saying that if it is, it's by far the biggest.