[raw_anon_1111]

And Google had profits - not just revenue - early on and wasn’t setting $10 on fire to have a $1 in revenue.

[dmoy]

Well maybe not in 1999. Adwords didn't launch until 2000? Google's 1999 revenue was...... I forget, but it was incredibly small. Costs were also incredibly small too though, so this isn't a good analogy given the stated year of 1999.