Google Inc. looks for ideas that are “really crazy” when sizing up potential purchases, the Internet company’s top dealmaker said. “We look at everything very carefully,” Salman Ullah, Google’s director of corporate development, said yesterday in a speech at a meeting of the Los Angeles Venture Association. “The really crazy ones do really well.” [...] “The crazy ones mean they ignore the usual restraints of investment levels required or design parameters or ‘Gee I need more servers than anyone ever thought was possible’,” Ullah said. “When you free yourselves from these constraints, you create crazy, cool things.” Google wants companies that can build revenue streams from their users, instead of buying firms with a lot of users that don’t bring in much in sales, Ullah said. “We don’t do traffic for traffic’s sake,” he said. “It has to be highly monetizable.” [...]
Previous Totally Crazy Ideas: X Groups & X Universes + Incite the free-market thinkers into *practicing* prediction markets. + How prediction exchanges can best encourage participation + The Open Institute of Prediction Markets + Decision-making tool vs. decision-aid tool — Decision markets + Prediction markets timeline + CBS News Andy Rooney: Let’s Have A Smart Board.
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