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Google Will Eat Itself (2005)

gwei.org

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Re: Google Will Eat Itself (2005)

#21

Post by ardy42 »

HenryKissinger wrote: post #4

> We generate money by serving Google text advertisments on a network of hidden Websites. With this money we automatically buy Google shares. We buy Google via their own advertisment! Google eats itself - but in the end "we" own it! I thought websites paid Google to have their ads on their ads network. Isn't that how Google makes the bulk of its revenue?

>> We generate money by serving Google text advertisments on a network of hidden Websites. With this money we automatically buy Google shares. We buy Google via their own advertisment! Google eats itself - but in the end "we" own it!

> I thought websites paid Google to have their ads on their ads network. Isn't that how Google makes the bulk of its revenue?

Google will pay 3rd party websites to display ads from their network, which is probably what this site is using.

I believe that was one of their first ad products: text ads displayed on third party websites that targeted to website content. At the time, web advertising consisted of loud, garish banner ads, so Google's ads had a pretty good reputation.

Re: Google Will Eat Itself (2005)

#22

Post by dgut »

HenryKissinger wrote: post #4

> We generate money by serving Google text advertisments on a network of hidden Websites. With this money we automatically buy Google shares. We buy Google via their own advertisment! Google eats itself - but in the end "we" own it! I thought websites paid Google to have their ads on their ads network. Isn't that how Google makes the bulk of its revenue?

My understanding is that they have a 'hidden' network of websites that display ads from Googles ad network (AdSense), and they use those earnings to buy GOOG.

Re: Google Will Eat Itself (2005)

#24

Post by rtkwe »

viraptor wrote: post #13
ecmascript wrote: post #10

Very confusing numbers: > Amount of USD: 405.413,19 Is that ~$405 or ~$405413? What about the hosting costs?

It's $405413. Using Spanish formatting I believe. (comma as a decimal point and the dot for thousands)

A lot of the world uses comma separators actually including basically all of Europe minus a few. The whole wikipedia article is kind of neat; never figured California would have a weird system for a while where decimal parts on signs were expressed as super scripts (eg 3^7 meant 3.7).

https://en.wikipedia.org/wiki/Decimal_separator#/media/File:...

Re: Google Will Eat Itself (2005)

#25

Post by viraptor »

amaajemyfren wrote: post #23
viraptor wrote: post #3

HN hug of death :-( https://web.archive.org/web/20200720232040/https://www.gwei....

Yep. Does anyone remember when this was called the Slashdot effect? Being Slashdotted.

Yes, but at that time serving the Slashdot amount of traffic was actually a challenge when using standard setup. (Not impossible, you just needed to put in extra effort) These days unless you're doing something silly you should be able to handle HN front page from a raspberry pi at home.

Re: Google Will Eat Itself (2005)

#26

Post by viraptor »

rtkwe wrote: post #24
viraptor wrote: post #13

Earlier quoted context omitted.

It's $405413. Using Spanish formatting I believe. (comma as a decimal point and the dot for thousands)

A lot of the world uses comma separators actually including basically all of Europe minus a few. The whole wikipedia article is kind of neat; never figured California would have a weird system for a while where decimal parts on signs were expressed as super scripts (eg 3^7 meant 3.7). https://en.wikipedia.org/wiki/Decimal_separator#/media/File:...

That's true, but much fewer use the dot as the thousands separator. Very often it's a space instead.

Re: Google Will Eat Itself (2005)

#27

Post by tesseract »

rtkwe wrote: post #24
viraptor wrote: post #13

Earlier quoted context omitted.

It's $405413. Using Spanish formatting I believe. (comma as a decimal point and the dot for thousands)

A lot of the world uses comma separators actually including basically all of Europe minus a few. The whole wikipedia article is kind of neat; never figured California would have a weird system for a while where decimal parts on signs were expressed as super scripts (eg 3^7 meant 3.7). https://en.wikipedia.org/wiki/Decimal_separator#/media/File:...

Superscript decimals are pretty common in the US for handwritten money amounts (like on checks or price tags) but outside that context it does seem weird!

Re: Google Will Eat Itself (2005)

#28

Post by markstos »

eminence32 wrote: post #15
HenryKissinger wrote: post #4

> We generate money by serving Google text advertisments on a network of hidden Websites. With this money we automatically buy Google shares. We buy Google via their own advertisment! Google eats itself - but in the end "we" own it! I thought websites paid Google to have their ads on their ads network. Isn't that how Google makes the bulk of its revenue?

This part is not totally clear, but from my reading, the process works like this: GWEI sends money to google, to have them runs text advertisements. These advertisements will say "please send money to GWEI" Some of this money will be used to buy additional advertisements. The rest of it will be used to buy GOOGL shares EDIT: The above text is wrong. GWEI reference a "network of hidden websites", and I guess I don't r…

GWEI is not buying ads, they are are displaying ads.

Re: Google Will Eat Itself (2005)

#29

Post by rietta »

amaajemyfren wrote: post #23
viraptor wrote: post #3

HN hug of death :-( https://web.archive.org/web/20200720232040/https://www.gwei....

Yep. Does anyone remember when this was called the Slashdot effect? Being Slashdotted.

I sure do. As a small web hosting provider AtlantaWebHost.com it was one of our proudest moments when our FreeBSD servers handled the Slackdot effect without complaint. This was the Pentium 3 Dell PowerEdge server era.

I am no longer affiliated with AtlantaWebHost.com. The company was bought in 2005 and is still running as a boutique provider.

To this day, I'm still pretty handy with crimping ethernet cables :-) I mostly just do it in my own home and homes of friends if asked for help.

Re: Google Will Eat Itself (2005)

#30

Post by markstos »

ecmascript wrote: post #10

Very confusing numbers: > Amount of USD: 405.413,19 Is that ~$405 or ~$405413? What about the hosting costs?

The "e" in your ecmascript username stands for "European".

The currency formatting you have a question about is European formatting.

https://ux.stackexchange.com/questions/9105/international-cu...

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