cross-posted from: https://lemmy.ca/post/22055566
Google ad on a magazine from 1999
this post was submitted on 27 May 2024
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If they had ads for themselves, I assume they had income. But they say that their platform doesn't have ads. Where did they get the money to pay their own ads?
Every source on the history of Google seems to ~~implicate~~ imply that their growth and development went:
Using their university resources -> surviving off of investor money -> starting monetization with targeted ads and raking in money
So it seems they had a phase of cornering their market with both public resources and off risky investments, then capitalised on having that exclusive appeal. Seems all too familiar, considering every damn tech startup under the sun now seems to go "trick investors or public funds" -> "corner market" -> "enshittifcation"
If someone else has some better info - go ahead and correct me, but there seems to be no mention of monetisation of Google before their targeted ad rollout.
i love your post
I love YOUR post!
Same way Uber lost money for 7 years straight. Investors.
That doesn't look like an ad, but a section in a (probably) tech magazine where they introduce useful or interesting websites to their readers.