Evidence receipt / prediction
Published · transcript-backedDavid Rosenthal: prediction
26 Aug 2019 Acquired Google Maps
“I think at the time have been really hard to do as an independent company because there was no way, even if you went public, you couldn’t raise the amount of money that companies can raise now.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- prediction
- Recorded
- 26 Aug 2019
- Publisher
- Acquired
- Episode
- Google Maps
Transcript context
…You think that’s the business model. Yes, certainly local advertising is the primary business model, but you’re going to be hamstrung by that. I think at the time have been really hard to do as an independent company because there was no way, even if you went public, you couldn’t raise the amount of money that companies can raise now. They just wouldn’t have the access to capital to do this. The Google has run this in the red for at least 10 years, maybe more. There is no way that they would have had a leeway to do that as a private company in that era. When I say in the red, like way in the red. You think about the operational cost of driving a lease van around or paying someone else for that data which wouldn’t have been as good as the data asset that Google has built up.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.