Repost from CNBC
During the weekend, there was a significant news that Google shares reached the $1,000 per share mark lifting the techie stocks along with the rise. The gain was on video and mobile advertising which rose by 23%. You tube is generating revenues for Google
Google is known for the various products: Nexus lines of phones, Chrome browser, You tube, experienced a 32% growth from the rest of the world; with more than one billion smartphone applications, Google gets revenue from Google play where it sells Google apps
Google stock prices went up by 38% this year, rewarding investors in Funds like $101 billlion Contrafund, which is being managed by star picker Will Danoff. Some of his portfolion includes Tesla Motors, and Facebook
What does this news mean to entrepreneurs? To the GSB students
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