David Rosenthal: commitment

Transcript context

…Right. But it is interesting how Google has this core technology and access to services that it licenses out and I guess it’s a free license, but at the very core of that is this technology that they acquired. I basically gave my answer to this earlier, which I won’t repeat all of it but I completely agree this was a technology acquisition when they bought it. Then Google has done just this incredible job of shepherding it through. I actually wrote down that it was a technology acquisition with a little bit of some great talent when they bought it. But over time, this has gone from a technology to a product to business line and now an asset at Google. It’s really been under the storage of the whole company. And it’s amazing how it’s an asset of defensibility. I mean, really the core thing they get from Android, in my opinion is making sure they don’t lose access to all those people searching. For as many of these interesting moon shots as Google is working on and self-driving cars truly could be a very different business for them and a very big and profitable one that actually rivals Search. Like Google makes money from having a marketplace of ads when you search and sometimes on other websites. I think that when you boil it down, they bought defensibility and more importantly, it was a cheap buy. What they did was invest 10 years into building an entire arm of their business to provide defensibility.…

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