Matt Wolfe breaks down why Google's business model works so well, treating the entire internet as something to wrap around and monetize. He compares it to how platforms like Craigslist and Indeed unbundled specific services from the web.
What people don't get is you know, it's another little startup that is a thin wrapper around the world's information. It's Google. Google doesn't create any of the content. They are a wrapper around the Internet but they point people to pages within the Internet and it's the greatest business model of all time. You know, even today you know it's trillion dollar company if you look at their financial statements a huge chunk of their business still comes from Google search. I also think that there's this great unbundling of chatgpt that is happen happening now. What unbundling is there's a great quote. I think Jim Barksdale said it. There's two ways to make money. You're either unbundling or you're bundling. And what that means is what does unbundling mean? Unbundling means, you know, if you look at Craigslist, Craigslist was a marketplace for everything. You had the ability to post a job that became Indeed.com.
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