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Slate Magazine | Can Google Keep This Up? by Emily Peck, Felix Salmon, and Elizabeth Spiers

AI generated summary, Read the full article for complete information.

Google’s parent company Alphabet announced a staggering $110 billion in first‑quarter revenue, driven largely by the AI boom, prompting hosts Felix Salmon, Elizabeth Spiers and Emily Peck to dissect the surprising earnings report and question whether it signals sustainable growth in the ever‑changing information economy. The episode also delves into Bill Ackman’s ill‑fated attempt to launch a closed‑end fund IPO, critiques his prospects compared to Warren Buffett, and examines the quirky side of corporate branding and retreats—highlighting Palantir’s fashionable chore coat and Plex’s disastrous Survivor‑themed getaway.

#Google #Alphabet #FelixSalmon #BillAckman #investing #ElizabethSpiers #EmilyPeck #WarrenBuffett

Can Google Keep This Up?

Google’s parent company's first-quarter earnings blew everyone out of the water. But it’s unclear if the huge increase in revenue will stay consistent.

Slate

Ramzi Nemo Mar 16, 2023

Smart, first-person take on #SVB collapse, shining light on another example of harms caused by a self-congratulating status quo, from the formidable #ElizabethSpiers :

https://www.nytimes.com/2023/03/16/opinion/silicon-valley-bank-venture-capital.html

Opinion | I Was an S.V.B. Client. I Blame the Venture Capitalists.

It started with a culture of insular self-congratulation. It ended in an avalanche.

The New York Times