How could you have made more than 10 times your money in less than a year, subsequent to the .com crash? – by buying stock in a .com
Last July Ask Jeeves teamed up with Google to have Google supply advertising alongside search. The deal replaced Overture and involves a revenue split between Google and Ask Jeeves, with the majority going to Ask Jeeves.
Since most of Ask Jeeves’ revenue comes from this, and since most of Google’s revenue comes from similar, this is a vicarious way of tracking Google’s performance while they are still a private company.
The results are outstanding, Ask Jeeves is now worth 13 times what it was before the deal with Google.
Contra Costa Times | 07/19/2002 | Ask Jeeves, Google team up for profits