Lot’s of comments from Google’s management in the past day or so on a variety of issues. Here’s a roundup:
+ We already blogged about Urs Hoelze commenting about the mobile phone industry.
+ Google’s CEO, Eric Schmidt, tells a group that teaches entrepreneurship to kids about how he’s proud of the auction-style IPO format.
This SF Business Journal article also offers more.
++ “We’re working hard to integrate local search and local advertising”
++ “One of the greatest growth businesses is before us,” Schmidt said. “The whole world is getting online.”
++ Asked what hot growth area he’d recommend young people go into today, Schmidt said, “Folks should do what they want. “The best way to change the world is for you yourself to participate at your highest potential.”
+ Google’s CFO, George Reyes, tells a group of analysts that his company “obsesses” over “key constituencies.” He also says, “We have very smart, well-financed competitors,” he said. “What we have learned is people value the trust of our brand. It’s going to be very hard for some of our competitors to compete on that basis.”
He also said click-fraud is a big threat.
“I think something has to be done about this really, really quickly, because I think, potentially, it threatens our business model.”