There is a lot of talk about Google (GOOG) these days because they broke the 500 dollar/share roof. The valuation seems crazy, but I haven’t looked into whether it is sustainable or not, so let’s not discuss that :-)
However, I had a little look into the money Google spends on innovation (or research and development) versus Yahoo (YHOO) — and Yahoo has outspent Google every year for the past five years (I didn’t look further back). Still, if we look at the stock price since Google went public, Yahoo’s share price is flat compared to Google, whose share has quadrupled.

Here is a slide illustrating that point exactly from a presentation my good friend Thomas Joachim Hansen and I held yesterday.

This entry was posted on Friday, November 24th, 2006 at 3:01 pm and is filed under Business, Technology and the Internet. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.