Thursday, April 21, 2005

Why Google Is Like Wal-Mart

on WIRED News

Biggest threat:

• Wal-Mart: Falling dollar and rising yuan, which could make Chinese imports more expensive and potentially shave profit margins.

• Google: Click fraud, which would undermine advertisers' faith in Google's ad programs and force the company to refund millions of dollars, which could potentially shave profit margins.

Quote the company most regrets:

• Wal-Mart: "I pay low wages. I can take advantage of that. We're going to be successful, but the basis is a very low-wage, low-benefit model of employment." -- Sam Walton

• Google: "Evil is whatever Sergey says is evil." -- Google CEO Eric Schmidt. Runner-up: "We are moving to a Google that knows more about you." -- Schmidt

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