Blog  Gone to Market

Year in Review: Part 2

While I’m making my Silicon Valley enemies, I’m going to tee up Google as well.

A year ago, I wrote about Google’s growth from a spunky up-start, to a Microsoft-esque behemoth, signaled by CEO Eric Schmidt’s dismissing of the then-early Twitter phenomenon. The hardest part of becoming a giant and the leader in the field is remaining connected to your customers and continuing to capture market through empathy rather than force or coercion.

Blog  Gone to Market

Schmidt pulls a Ballmer

The web is all atwitter today with news of Eric Schmidt's dismissive response at yesterday's Morgan Stanley Technology Conference here in San Francisco to a question from Eminence Capital analyst, Josef Jung, of whether Google sees Twitter's real-time search as a threat. An explosion of schadenfreude-laden articles and a furiously defiant pile of tweets have already responded to Mr. Schmidt's comments that demonstrated a clear lack of understanding of both the present value AND tremendous future potential of the twitter platform. The contrarians at Motley Fool are holding out hope that it was a strategic maneuver pointing to a planned acquisition. But no matter whether a monumental miscalculation or shrewd strategy, the move is a classic page from Ballmer's book of wins and losses, and signals Google's metamorphosis from David to Goliath.

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