I'm glad I'm not the only one who thinks this is insane
From the "capitalism can be stupid" files, we bring you the latest bit of Googlemania: This week, Google's shares actually crossed the $500 mark, increasing the company's market capitalization to $155 billion. That means that Google--which earns virtually all its money from online advertising--is worth four times as much money, at least on paper, as Yahoo!, its closest competitor. Google is now the 15th largest company in the world, and if I understand things correctly, Google cofounders Larry Page and Sergey Brin can now be considered replacements for Colonel Sanders in "The Star Chamber." I just want to make sure this is perfectly clear: These guys sell thumbnail-sized text ad placements on Web sites. That's what they do.