Lord of the Links

This BW article describes how Google's utter disregard for "business-type" behaviour is not liked by many VC's but at the same time, its unprecedented success at the stock market (at a M.cap of $120bn and PE of 70 odd) makes all VCs and I-banks scurry around it for deals. Google has spawned a new generations of start-ups in the Silicon Valley, whose only aim is to create some great technology and sell it to Google.

At the same time, the article says how Google must use its current M&A currency for some big-ticket acquisitions (AOL?) and not atrophy it by keeping it for too long and letting it diminish, to make sure its numero uno position in the Internet world remains unchallenged!