Umair Haque / Bubblegeneration
umair haque  


Design principles for 21st century companies, markets, and economies. Foreword by Gary Hamel. Coming January 4th. Pre-order at Amazon.

Tuesday, April 25, 2006

Business Models

Nick talks about the Google float; ie, Google making $$ by earning interest by holding on to other people's cash.

It's a nice idea, but I doubt this is really a serious source of revenue for Google. Where it is is in the insurance industry, which is also the new media distribution
(so, you know, put 2 + 2 together).

-- umair // 2:46 PM // 2 comments


As I understand it, 'the float' between receivables and payables, invested for short-term returns, is also the basis for the majority of Costco's profits.

As a sidenote, your 2 + 2 comment in this post, read right next to your last post on restriction of freedoms, may have been better put as 2 + 2 = 5, a la 1984.
// Anonymous James // 5:02 PM

'the float' is true for paypal also.
// Blogger OmShom // 10:17 PM

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