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Google Will Eat Itself

googlewilleatitself.com

41–50 of 139 posts

Re: Google Will Eat Itself

#43
post #4

I thought the share class structuring of Google was such that you can never own Google by buying its publicly traded shares?

Can someone then explain to a layman, why Google shares even have any value? What good is a share, if it's voting power in controlling the company is practically void? Google has never paid any dividend either. Are all the stock investors just speculating that GOOG will pay dividend in the future? Or is it possible that Class B shares will loose their special voting rights at some point so that Class A become instrumental in controlling the company?

Re: Google Will Eat Itself

#44
Nonsense by people who don't understand free market economics and therefore choose to ridicule it.

Calling themselves artists (as another pointed out) shields them from the criticism they would receive if they clearly stated their point of view.

Re: Google Will Eat Itself

#46
post #3

"Current Google Share Price : 495.01 USD" This hasn't been updated since GOOG was a bit more than a third of what it is now. But if they actually own 819 shares that is almost a million dollars of stock right now. Edit: http://gwei.org/pages/google/legalletter1.html

How about a translation?

Re: Google Will Eat Itself

#47
post #4

I thought the share class structuring of Google was such that you can never own Google by buying its publicly traded shares?

Can someone then explain to a layman, why Google shares even have any value? What good is a share, if it's voting power in controlling the company is practically void? Google has never paid any dividend either. Are all the stock investors just speculating that GOOG will pay dividend in the future? Or is it possible that Class B shares will loose their special voting rights at some point so that Class A become instrum…

As long as people perceive value then there is value. I think it is as simple as that. Maybe people are waiting on dividends. Snigger...

Re: Google Will Eat Itself

#48
post #3

"Current Google Share Price : 495.01 USD" This hasn't been updated since GOOG was a bit more than a third of what it is now. But if they actually own 819 shares that is almost a million dollars of stock right now. Edit: http://gwei.org/pages/google/legalletter1.html

How about a translation?

"click here english translation": http://gwei.org/pages/google/legalletter_e.html

Re: Google Will Eat Itself

#49
post #4

I thought the share class structuring of Google was such that you can never own Google by buying its publicly traded shares?

Can someone then explain to a layman, why Google shares even have any value? What good is a share, if it's voting power in controlling the company is practically void? Google has never paid any dividend either. Are all the stock investors just speculating that GOOG will pay dividend in the future? Or is it possible that Class B shares will loose their special voting rights at some point so that Class A become instrum…

GOOG shares have value because the company has value. They represent a fraction of that value but not an equivalent fraction of management control. Class B shares will eventually all be class A, Eric has converted a tremendous number of his already (they convert when you sell them, its possible they convert on change of ownership which would change them when they were inherited). So fractional ownership represents the fraction of what someone might have to pay to have full ownership.
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