Googles revenue grew 41% in 2021, which is higher than normal. But not crazy. It... | Hacker News

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		bko on Jan 20, 2023 \| parent \| context \| favorite \| on: Google to reduce workforce by 12k Googles revenue grew 41% in 2021, which is higher than normal. But not crazy. It was not about future projections or anything real. It was about cheap money and asset inflation. I don't know the exact mechanisms but I'm not convinced that it was about projections and now a letdown. Revenue is falling sure but it's still growing incredibly fast for such a large company 2022 (TTM) $282.11 B 9.5% 2021 $257.63 B 41.15% 2020 $182.52 B 12.77% 2019 $161.85 B 18.3% 2018 $136.81 B 23.42% 2017 $110.85 B 22.8% 2016 $90.27 B 20.38% https://companiesmarketcap.com/alphabet-google/revenue/

avrionov on Jan 20, 2023 [–]

"Revenue is falling sure"

Your numbers show that the revenue is increasing, but the growth is slower, which is very different than the revenue is falling.

maigret on Jan 20, 2023 | [–]

The classic error.

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