The Google Capital Company
Stratechery2724 字 (约 11 分钟)
90
Google's business model is one of the most efficient capital companies ever, generating massive profits through free supply, user-driven bidding, and near-zero marginal costs by building infrastructure and taking a high-margin cut.
入选理由:Google 的盈利模式依赖于免费内容供给与广告主之间的竞价机制,每点击收费高达 $10-$11,但自身边际成本趋近于零。
FeaturedArticle#Google#Business Model#Aggregator#Advertising Economy#Capital Efficiency英文
