Eric Schmidt, CEO Google
“It’s better to think of Google as a technology company. Google is run by three computer scientists, and Google is an innovator in technology in our space. We’re in the advertising business — 99% of our revenue is advertising-related. But that doesn’t make us a media company. We don’t do our own content. We get you to someone else’s content faster"
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The reality is that "Google is a media company that owns nothing, just an advertising network"
Danny Rimer, Index Ventures
"The best companies are the ones that offer their products for free"
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The reality is that "The best ventures deals are the ones with companies that offer their products for free"