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Old 03-07-2006, 03:12 PM  
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Google Hype -- Bubblemania or supported by sound business fundamentals?

Why is it that if Google announces new services that are similar to prior companies' services many market observers wet themselves? Example: Xdrive.com provides online storage solutions for users' files. Google's version: http://www.forbes.com/2006/03/07/goo...acescan08.html
Xdrive.com suffered some severe financial tightening around 2001 due to the weakness of its business model to produce profit.

Although I can understand that Google's HUGE user base can jumpstart the profitability of otherwise dubious business models, is there a double standard at play here? Is there a rational basis for the Google euphoria (at least when it comes to new products/services not additions to their solid search and ad targetting technologies)?
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