Quote:
Originally Posted by barryem
I don't know much about business or how to run one but a lot of people say diversifying is a good thing.
Barry
|
Diversifying means investing in businesses that generate revenue.
Not throwing money at an effort for a year and then ignoring it for two, before cancelling it.
Microsoft threw money at XBOX for five years before it started generating profits. By now it is a net gain over its 14 year history. Apple has stuck with Apple TV for 8 years despite modest returns until it's grown into a billion dollar business.
The issue isn't just that Google invests in many very different efforts but rather that they release them before they're ready and lose interest when they don't succeed immediately. That combination is not common in the tech world.
Oddly, it is common in the big publishing houses.
