[ninjaK4t]

Stock was juiced by cheap money, cultural zeitgeist for magical mobile phone tech. Macro economic trends have nothing to do with Sundar.

Google is >20 years old and lacks history of diverse innovation and generational buy in of a company like IBM (I don’t feel IBM is relevant to tech anymore, but for many nostalgia seems to lead them to believe it is central to big tech economics).

Google may very well be entering a protracted death spiral. Without diversifying I doubt it will ever endear itself on people for 80+ more years the way IBM was able to[1].

IMO generational churn and new technologies are going to wipe out a whole lot of 2000s technology software-dev specific companies. Facebook and Google are my picks for biggest brands whose success is coupled to 2000s tech fetish explosion that may not exist in 10-15 years. Everything about tech corp is just straitjacketed “line go up” memes.

[1] (given the lack of competition IBM faced; government up and donated transistor technology to IBM to move them off vacuum tubes; IBMs history of success is a propaganda fueled mirage. It’s been propped up many times to serve the state)