Letter to the Google founder dudes

Wassup, Larry and Sergey.

Nice earnings last night.  26% growth, over $8b in the quarter.  Not too shabby.  I’m taking my $GOOG stock to the bank.

Oh, also, cool what you did to the “supposed” adult supervision afforded by (well, ex-) CEO Eric Schmidt.  It’s pretty sick how Larry just wrested control away from him and sidelined him to take back the company.  I’d give all my 24 hr access to fruitloops on the Googleplex to see the look on his face when you dropped that bomb on him.

For me, it didn’t really rock my world.  From the word on the Street (or at least on campus here), he never really had any control anyway. Like when you guys bought Android and didn’t even tell him.  That was awesome.

Eric may of had to go — I mean, with over 90% search dominance in so many markets, yet the inability to really monetize anything else and the makings of a Microsoft-type ($MSFT) European anti-trust inquisition mounting against the search firm, the company needed some fresh blood.

But this peep isn’t exactly sure that a return to its roots is what the firm needs.  With the growth in the company over the past few years (23k f’in Googlers, baby!), we’re kinda all over the place.  Add a lame attempt at buying Groupon — we need new leadership.  I mean, the last thing we want is to pull a Yang or Ballmer and bring back the lifeblood of our startup days — our founders — to steer these ships that have certainly outgrown their own abilities to manage such large organizations.

Oops — is that what just happened?  $YHOO’s Carol Bartz maybe-coulda-woulda been a better choice??  Maybe not.

Rock on,

Your faithful (and rich) Googler

Realtime trading data in the collective tradestream is HUGE

Softly launched a month ago, Yahoo Finance’s Market Pulse is actually a huge f’in deal.  Clearly, the press — and investors — hasn’t really understood what’s going on here.  And I’m not talking about StockTwits’ inclusion in the real-time stream (there are only two sources of data right now).  What’s really huge here is the Covestor feed that’s showing up on stocks.

Market Pulse is a real-time feed — much like Twitter is — on specific stocks.  So, whenever a trader or investor tweets or writes about a stock, it shows up here.  So, everytime someone blabs about $AAPL on StockTwits, investors can follow that stream alongside the other data provided on Yahoo Finance.  Is that interesting?  Maybe.  It is part of the real time conversation and important for hyperactive traders, I guess.

But the big deal here is what Covestor is supplying to Yahoo Finance users.  As a marketplace for investment services, Covestor actually validates/verifies trading activity of its managers.  In turn, Covestor supplies Yahoo’s Market Pulse with a real-time stream of trading activity — real live trades with real money behind them.  Users get a feel for how large a portfolio position is (in percentage basis) and whether the investor is building or liquidating a position.  Where else can you find this in real time? Nowhere.

This is all about the power of the collective tradestream.  This takes everything to a whole new level.

This is a BIG deal.