[clug] Richard Stallmans presentation
Martin Pool
mbp at sourcefrog.net
Mon Jan 9 11:37:48 GMT 2006
On Mon, 2006-01-09 at 10:36 +0000, Richard wrote:
> For all of Google's "do no evil" promises, they're still a for-profit
> enterprise, and until a not-for-profit enterprise attempts this sort of
> thing, then it can essentially be defined as a niche/flash-in-the-pan.
archive.org, which is a non-profit, also hosts media files. So is
hosting of large files now not a flash in the pan?
What a strange criteria for pan-flashes! I don't recall any non-profits
running intercontinental cables, for example, but they seem to be still
around after ~100 years.
> Google (or another for-profit provider) has to make back its costs from
> somewhere, and advertising (still the money spinner for non-retail web
> sites) is low margin
Low margin does not necessarily mean low-profit.
> (and I don't see too many other ways to make money
> from such a service).
> The only reason Google can afford this sort of experiment is that it's
> still riding a dotcom valuation.
Why? They're profitable (last I heard) so can presumably afford to at
least dip their googly toes in video. If they had money in the bank and
an established profitable business, but for some reason a low share
price, they'd still be able to afford it.
The share price is probably partially based on a belief they will
successfully expand into new areas.
--
Martin
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