Google, advertising and economic downturn

Google’s stock has risen to $353 dollars a share at a time when the stock market has had a wild ride mostly headed downward. The New York Times article on the subject points to the increases in online advertising as an important source of their continued success.

As our Digital Business group evolves and gathers more momentum, we will continue to study, consult and advise on the appropriate uses of advertising as part of a web company’s business model. One thing is clear though, the investment community remains very optimistic that whomever controls the marketplaces for online ads will be a winner no matter what may come!

Update: Time magazine covers the story as well.

Tags: digitalentrepreneurship

This entry was posted on Friday, October 17th, 2008 at 2:33 pm and is filed under Digital Business, Digital Entrepreneurship, Digital Innovation, Web 2.0, internet economics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.