<story><title>Google suffers from a digital petro curse</title><url>https://world.hey.com/dhh/google-suffers-from-a-digital-petro-curse-908e919a</url></story><parent_chain><item><author>whitepaint</author><text>Do people forget the powerhouses that Youtube, Android, GCP, Gmail, Chrome, Google Maps, Chromebooks are (plus gazillion smaller companies like Waymo that have insane potential)?&lt;p&gt;People have been predicting the downfall of Google for a very long time now and yet they have never been bigger growing every year at astounding rates.</text></item></parent_chain><comment><author>Jasper_</author><text>Google bought YouTube in ~2006. If Ruth Porat saw the amount that it bled in its first two years, they would have canceled it then too. GCP is questionable, they&amp;#x27;re falling behind.&lt;p&gt;I think the issue is that Google, at the high level, is incapable of thinking long term. It wants to see runaway success in a quarter or two.</text></comment>
<story><title>Google suffers from a digital petro curse</title><url>https://world.hey.com/dhh/google-suffers-from-a-digital-petro-curse-908e919a</url></story><parent_chain><item><author>whitepaint</author><text>Do people forget the powerhouses that Youtube, Android, GCP, Gmail, Chrome, Google Maps, Chromebooks are (plus gazillion smaller companies like Waymo that have insane potential)?&lt;p&gt;People have been predicting the downfall of Google for a very long time now and yet they have never been bigger growing every year at astounding rates.</text></item></parent_chain><comment><author>jcfrei</author><text>Not predicting a downfall but just to give you some perspective: 80% of Google&amp;#x27;s revenue is from advertising. They only disclose net income for three very wide segments: Services, cloud and other bets. Only three services - that is search, youtube and google play - are profitable. GCP, maps, Chromebooks, Waymo, G Suite (that includes Gmail, Drive, etc) are a net loss.</text></comment>