Dollar's plunge helped Google trick Wall Street - Valleywag Comments

Dollar's plunge helped Google trick Wall Street

ValleyStiff — Sun, 20 Apr 2008 02:28:32 PDT

@anon78: you haven't been around the Valley much, have you?

ValleyStiff

Dollar's plunge helped Google trick Wall Street

Fidel on the Roof — Fri, 18 Apr 2008 17:22:14 PDT

Now THIS is a good post. This is the kind of stuff I want to read.

Fidel on the Roof

Dollar's plunge helped Google trick Wall Street

anon78 — Fri, 18 Apr 2008 13:24:07 PDT

Their employees are underpaid? A fresh Ph.D. got a base of around $102k and 20% annul bonus in 2007. On top of that, you get free meals, which can easily cost $5k. (Note that if you buy meals yourself, you are spending your after-tax money.)

anon78

Dollar's plunge helped Google trick Wall Street

sample032 — Fri, 18 Apr 2008 09:59:25 PDT

No. The dollar's plunge is the result of perceived inflation. If (and this is likely) we do see inflation, more money will be buying stocks; stocks are already hedged against inflation.

Google's trick works until employees demand more pay. Once that happens, the expenses get passed on to customers, and things balance out. These profits were at the expense of underpaid employees.

sample032