I wouldn't sell Google shares (not that I own them), and I certainly wouldn't short the company.
But they've crossed the line from "startup success story" to "Megacorp": Google is shutting down Google Labs.
Scott Berkun (who left Microsoft after leading part of an IE development team) articulates their newly obtuse behavior way better than I do:
The end of Google Labs « Scott Berkun
I guess Google has decided that instead of growing their own entrepreneurs, they'll just buy them...
But they've crossed the line from "startup success story" to "Megacorp": Google is shutting down Google Labs.
Scott Berkun (who left Microsoft after leading part of an IE development team) articulates their newly obtuse behavior way better than I do:
The end of Google Labs « Scott Berkun
When you see phrases like ‘extraordinary opportunities’, ‘prioritizing’, ‘process’ and ‘huge amounts of learning’, in reference to something being killed, you know you’re in the fantasy land of press releases. Winding down sounds oh so graceful, like winding down a party. And mentioning Google+, their current darling, is a well-played card.
And the kicker of course is the by-line:
Posted by Bill Coughran, SVP for Research and Systems Infrastructure
When a company has two levels of VPs (SVP = Senior Vice President) you know the days of free willing autonomy and entrepreneurial inspiration have faded.
I guess Google has decided that instead of growing their own entrepreneurs, they'll just buy them...