Anyone have any idea if this effectively terminates any existing recurring Google Checkout subscription payments (on November 20)? If so, that's kind of a big deal. Cutting off merchants from their revenue stream is a great way to get people really angry and could easily destroy a business.
Google Checkout will be retired, transition to Google Wallet
21–30 of 171 posts
Re: Google Checkout will be retired, transition to Google Wallet
#22Google is making the same mistakes Microsoft made. Trying to enter into every industry it can thinking it can use it's monopoly power to take over the world. Reality: Doing 20 things mediocrely is not as profitable of doing 2 things very very well. Result: 1) Constant experiments and dropped products (just like Microsoft). 2) Consumers no longer trust your services to stick around and no longer even invest in your pl…
Not that I disagree with your basic premise but I wonder why some companies get away with this type of thing and others don't. Your example of Apple is an obvious one but they have plenty of "failures" on their hands as well. Whether it is something that is dead on arrival like Ping or the company letting one of its old marquee products die a slow death like the MacPro or iPod classic, Apple seems to be able to brush off these issues like no one else.
Re: Google Checkout will be retired, transition to Google Wallet
#23Google is making the same mistakes Microsoft made. Trying to enter into every industry it can thinking it can use it's monopoly power to take over the world. Reality: Doing 20 things mediocrely is not as profitable of doing 2 things very very well. Result: 1) Constant experiments and dropped products (just like Microsoft). 2) Consumers no longer trust your services to stick around and no longer even invest in your pl…
This seems to be a mistake that a ton of startups make as well. It's a result of indecisive (read:poor) management and inevitably leads to doing nothing particularly well. One company that I've seen not fall into this trap is Dropbox. Dropbox offers one amazing service and pours all it's efforts into that, and from what I hear they have some insanely smart people working there doing that. As a result they can afford…
Other than the frustrating lack of a linux client, how is drive inferior to dropbox?
Re: Google Checkout will be retired, transition to Google Wallet
#24Google is making the same mistakes Microsoft made. Trying to enter into every industry it can thinking it can use it's monopoly power to take over the world. Reality: Doing 20 things mediocrely is not as profitable of doing 2 things very very well. Result: 1) Constant experiments and dropped products (just like Microsoft). 2) Consumers no longer trust your services to stick around and no longer even invest in your pl…
> Reality: Doing 20 things mediocrely is not as profitable of doing 2 things very very well.
Reality also is that there is often a declining marginal value in additional investments in the same area once you are already doing very well in that area, and that the marginal profit from doing something else mediocre may be greater than the marginal profit from doing the existing thing a tiny bit better.
And lots of Google's experiments that are outside of what are understood to be its core strengths when they are introduced end up as things that are at the top of their field: Gmail and Chrome, for instance, weren't at the center of what Google did when they were introduced.
Re: Google Checkout will be retired, transition to Google Wallet
#25Google is making the same mistakes Microsoft made. Trying to enter into every industry it can thinking it can use it's monopoly power to take over the world. Reality: Doing 20 things mediocrely is not as profitable of doing 2 things very very well. Result: 1) Constant experiments and dropped products (just like Microsoft). 2) Consumers no longer trust your services to stick around and no longer even invest in your pl…
This seems to be a mistake that a ton of startups make as well. It's a result of indecisive (read:poor) management and inevitably leads to doing nothing particularly well. One company that I've seen not fall into this trap is Dropbox. Dropbox offers one amazing service and pours all it's efforts into that, and from what I hear they have some insanely smart people working there doing that. As a result they can afford…
Question. Do you actually use Dropbox ? Because for me it is one of the most overrated services I use. They haven't actually done anything new to the product since the beginning and the CPU load when syncing is still ridiculously high.
IMHO The only reason Dropbox is successful because the alternatives e.g. SkyDrive, Google Drive are so much worse.
Re: Google Checkout will be retired, transition to Google Wallet
#26Google is making the same mistakes Microsoft made. Trying to enter into every industry it can thinking it can use it's monopoly power to take over the world. Reality: Doing 20 things mediocrely is not as profitable of doing 2 things very very well. Result: 1) Constant experiments and dropped products (just like Microsoft). 2) Consumers no longer trust your services to stick around and no longer even invest in your pl…
That comment reads like reflex than anything with much though put behind it: "Google is closing a service", "Google is new the Microsoft" the same tired cliche.
First of all it's far form an unexpected announcement seeing as they have been developing another payment service in paralleled, and second "monopoly" is a specific legal term, it shouldn't thrown around lightly, it's not just another synonym for "big".
As for your points:
1) Great things could come out from experimentation so it's a new positive and by definition most of those experiments will fail, you can't really be any sort of a self respected tech company if you shun experimentation.
2) This is anecdotal, they have a selection of core products and when a preferential one gets deprecated it's done through a reasonable process as spelled out in that post.
3) That's subjictive.
Re: Google Checkout will be retired, transition to Google Wallet
#27Earlier quoted context omitted.
This seems to be a mistake that a ton of startups make as well. It's a result of indecisive (read:poor) management and inevitably leads to doing nothing particularly well. One company that I've seen not fall into this trap is Dropbox. Dropbox offers one amazing service and pours all it's efforts into that, and from what I hear they have some insanely smart people working there doing that. As a result they can afford…
Other than the frustrating lack of a linux client, how is drive inferior to dropbox?
Google Drive on the Mac anyway is a buggy, intolerable mess. I've lost data. I've experienced hard crashes on startup, during syncing and on exit. You only have to look on the product forums to get an idea. Data loss is simply inexcusable.
http://productforums.google.com/forum/#!categories/drive/rep...
Re: Google Checkout will be retired, transition to Google Wallet
#28Google is making the same mistakes Microsoft made. Trying to enter into every industry it can thinking it can use it's monopoly power to take over the world. Reality: Doing 20 things mediocrely is not as profitable of doing 2 things very very well. Result: 1) Constant experiments and dropped products (just like Microsoft). 2) Consumers no longer trust your services to stick around and no longer even invest in your pl…
That comment reads more like reflex than anything with much thought put behind it: "Google is closing a service; Google is the new Microsoft" that old tired cliche.
First of all it's far form an unexpected announcement seeing as they have been developing another payment service in parallel, and second "monopoly" is a specific legal term, it shouldn't thrown around lightly, it's not just another synonym for "big".
As for your points:
1) Experimentation is net positive, and by definition most of said experiments will fail. You can't really be any sort of a self respecting tech company if you shun experimentation.
2) This is anecdotal, they have a selection of core products and when a peripheral one gets deprecated it's done through a reasonable process as spelled out in that post.
3) That's subjective.
Re: Google Checkout will be retired, transition to Google Wallet
#29This is bizarre considering that the Gmail money thing just launched so Google is remaining in the payment processing business (different from Play in that Checkout and Google Gmail Money are much more accessible to recipients).
Re: Google Checkout will be retired, transition to Google Wallet
#30Ugh, this is terrible. The one service I actually used with Google, and they shut it down. In their defense, its been dead for a while, they made the UI horrifying to use and a giant PITA. Glad I got my one last payment in.
Time to move to stripe.