Google Reader's Death & The Monetization Creep
by Pendulum
Google (GOOG) dumped me this week (again!) and I am devastated. As I try to pick up the pieces and move on, the wise words of an old friend resonate more than ever: if you pay peanuts you get monkeys. Felix Salmon wrote an interesting article about the demise of Google Reader leading to the end of RSS and the new focus at the company (here), but I think the end of Google Reader is indicative of a more powerful trend. Not only is Google becoming more focused, it is slowly nudging its users to pay for its services. Google once epitomized the free web, but I am now shelling out more and more hard-earned cash to Google on a monthly/yearly basis and some of Google's free stuff is going away. Since Google has great, under-monetized apps (Android, Docs, etc.), the monetization creep may unlock value for shareholders. As a user, I mourn the end of Google Reader, but as a shareholder I say Bravo! read more »
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