Place Your Bets: Google Reaches $2000 or TechCrunch Sells for $100M?
Wednesday, October 3rd, 2007;
-- Andy Beal |
While you were working, an interesting exchange happened over the blogosphere. It seems TechCrunch’s Michael Arrington and Silicon Alley Insider’s Henry Blodget are having a war of words.
You might ask what this has to do with internet marketing, but I think you’ll find the exchange of interest.
First up, Blodget put up his thoughts on Google’s share price hitting $2000, giving it a market cap of $750+ billion.
Then Michael Arrington decided to voice his disdain for Blodget and his reckless valuation.
Not long after, Blodget blogged that he believed TechCrunch could sell for more than $100 million, possibly to CNET.
Lastly, Arrington (with tongue in cheek) took back his criticism of Blodget.
So, which do you think is more likely to happen? Google will reach $2000 a share, or TechCrunch will sell for $100+ million?
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October 3rd, 2007 at 11:28 am
don’t you mean 750 billion?
October 3rd, 2007 at 11:30 am
LOL, Nah, they’re going to tank!
Thx
October 3rd, 2007 at 3:34 pm
If Google ever reaches $2000/share I’ll eat my shoe on Marketing Pilgrim TV
October 3rd, 2007 at 3:47 pm
Dean you better bust out your knife and fork ya dummy.
October 3rd, 2007 at 4:01 pm
TechCrunch for $100M, hands down.
October 3rd, 2007 at 4:08 pm
I predict google will hit 2000 per share within 5 years.
October 3rd, 2007 at 4:38 pm
@Dean - I’ll record it in HD!
@Dan - I’d go with that. Assuming no stock split.
October 3rd, 2007 at 7:21 pm
[...] Place Your Bets: Google Reaches $2000 or TechCrunch Sells for $100M?You might ask what this has to do with internet marketing, but I think you ll find the exchange of interest. First up, Blodget put up his thoughts on Google s share price hitting $2000, giving it a market cap of $750+ million. … [...]
October 4th, 2007 at 2:42 am
Isn’t Google already at $2,000? Seems like every time I turn around their stock reaches a new high.
It’s a tough call since both seem out of immediate reach, but at some point I assume at some point Google stock could get to $2k (assuming no stock split). How soon I’d have no idea and my guess is the stock would split before hitting $2k.
October 4th, 2007 at 3:17 am
I think Tech Crunch will reach to $100M+ due to its sole popularity in the blogosphere….
October 4th, 2007 at 6:34 am
It seems Google trying to hit googol in its market cap