Google Buys Waze for About $1 Billion – Or In Google World, Spare Change

No It Doesn’t Make Any Money –

Here’s how to make $1 billion.  First of all, find someone with $1 billion who is willing to part with it.  That’s easy, Google comes to mind.  The company has about $50 billion in cash, much of its offshore which it cannot return to the U. S. because it would actually have to pay its fair share of taxes on the money.  The $1 billion is 2% of Google’s cash.  This is the equivalent of a person with $10,000 in the bank taking out $200.00 to spend on smething.

A screen shot of the Android version of Waze, a social mapping
service used by millions of drivers around the world.

Second, develop a social network app.  This is also easy.  Everyone seems to be doing it.  And the best part, it does not have to make any money, in fact if it can be downloaded and used for free, all the better.

Third, sell the company to Google.

Really, that’s all there is to it.  (And you thought it would be much harder, didn’t you.)

 Still in doubt, the gibberish on the left looks like a $billion to Google.