Google Analyst Day Recap

We've written about notes accidentally leaked out of last week's Google Analyst Day, but what about what was happily said by Google that day? Now playing catch-up, as I was gone last week when it happened, here are some links to give you a rundown.

Google Investor Relations: You can listen to the webcast (media player link) or see the slides (PDF) from this page.

Live: Google faces off with analysts: From, an outstanding live summary that Elinor Mills compiled from listening to the webcast, complete with key sections highlighted. Nice, nice, nice! It's kind of weird, however, because it runs backwards. The newest stuff from the event is at the top, and the end marks the beginning of the conference. If you care about Google, read the rundown, because all types of issues were addressed.

You'll be happy to know that search spam is said to be at an all time low for Google and the industry. I beg to differ. Google's got plenty of spam, and maybe it's less now than in some years, but it is more than in Google's early years when it wasn't a spam magnet.

My favorite part is probably the explanation of why Orkut only seems to be taking off in Brazil. "Brazilians are just very community-oriented." What, all those crazy US kids jumping into MySpace like my niece don't have a sense of community?

In a world with infinite storage, bandwidth, and CPU power: From Greg Linden, another nice rundown, along with many of the notes not read to analysts but he and others found that revealed things like GDrive and Google's social search plans.

Google Goof Posts Revenue Figure: Just the Wall Street Journal underscoring how those leaked notes were so striking in that they gave a financial forecast inadvertently from the company now famed for saying it wouldn't do that.

Langberg: Investors deserve facts, not sarcasm: From the San Jose Mercury News, columnist Mike Langberg says "shame on you, Eric Schmidt" for laughing off the idea of giving financial guidance. Then again, you can't say investors weren't warned. Google said from the front they weren't going to do this. It's just semi-fun to watch as they get forced to get closer to doing so.

Google Tries to Make Nice: Covers how Google is perhaps learning that the financial analysts it didn't want to cater to must indeed be catered to.

Did I say slower growth? I meant limitless growth: From Good Morning Silicon Valley, that blog with the funny post titles I wish I could write, it's a nice summary of how Google CFO George Reyes freaked out analysts when speaking before analyst day at another event by saying growth is slowing. As John Battelle highlighted, this is the second major round of damage control Google's now done after a Reyes statement. In 2005, it was click fraud. In 2006, it was slow growth. Don't worry. By 2007, I'm sure Google will have finally found a new CFO, chief food officer, to speak again as with the first analyst day.

Heavy Spending Becomes a Fact Of Life for Many Web Companies: The Wall Street Journal again, with a nice look at all the capital spending Google is doing and why many web company feel they must do so.

Google 2006 capital spending to jump from 2005: From Reuters, a brief look again at capital spending and the big jump Google expects to do this year, mainly for computers and supporting hardware.