'G' is for Google and Government in 2010
- Posted by Howard
- on January 13th, 2010
Other than Steve Jobs and option backdating, Apple has steered well clear of the government. Not so for Google.
The biggest news of 2010 is Google and it’s run in with government…not even ours.
Nothing scares me more than the government.
Let’s face it, when you get a letter from the IRS…you shiver…and even that is 99 percent junk mail.
Cornered cats do scary things. Our government is broke, but getting larger. That’s the opposite of what happens in the real world.
You and I can’t print money to pay our creditors. If we could print money, we would not work either.
When you are ‘Too Small to Fail’ you are left alone. When you get big, the competition notices and things get harder. If you get really big, your competition lobbies the government and you are toast.
2010 is going to be a tough one for big web companies.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Born in Toronto, lived in Phoenix for 20 years and now in Coronado, CA with a loyal wife (15 years, 14.2 Canadian years), two awesome kids and a dachshund. My current start-up is called Stocktwits and I am a co-founder and CEO. More »
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