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<div class=3DSection1>

<p class=3DMsoNormal align=3Dcenter style=3D'text-align:center'>Google Ques=
tions</p>

<p class=3DMsoNormal><o:p>&nbsp;</o:p></p>

<p class=3DListParagraph style=3D'margin-left:.25in;text-indent:-.25in;mso-=
list:
l0 level1 lfo1'><![if !supportLists]><span style=3D'mso-bidi-font-family:Ca=
libri'><span
style=3D'mso-list:Ignore'>(1)<span style=3D'font:7.0pt "Times New Roman"'>&=
nbsp;&nbsp;&nbsp;
</span></span></span><![endif]>There were several dominant search engines in
use when Google happened on the scene.<span style=3D'mso-spacerun:yes'>&nbs=
p;
</span>There are at least two reasons for rapid adoption of Google as a sea=
rch
engine.<span style=3D'mso-spacerun:yes'>&nbsp; </span>What are these key
attributes that allowed Google to achieve early success?</p>

<p class=3DListParagraph style=3D'margin-left:0in'><o:p>&nbsp;</o:p></p>

<p class=3DListParagraph style=3D'margin-left:.25in;text-indent:-.25in;mso-=
list:
l0 level1 lfo1'><![if !supportLists]><span style=3D'mso-bidi-font-family:Ca=
libri'><span
style=3D'mso-list:Ignore'>(2)<span style=3D'font:7.0pt "Times New Roman"'>&=
nbsp;&nbsp;&nbsp;
</span></span></span><![endif]>Yahoo! and Overture were eventually overtake=
n by
Google.<span style=3D'mso-spacerun:yes'>&nbsp; </span>What is the primary
difference between the industry approach and search results provided by Yah=
oo!
and Google?<span style=3D'mso-spacerun:yes'>&nbsp; </span>Results from both=
 sites
can still be misleading (e.g. the most relevant results displayed for a
category might not include results from the dominant provider in the
industry).<span style=3D'mso-spacerun:yes'>&nbsp; </span>What must eventual=
ly
happen to assure that results presented online reflect the realities that e=
xist
both online and offline?</p>

<p class=3DListParagraph><o:p>&nbsp;</o:p></p>

<p class=3DListParagraph style=3D'margin-left:.25in;text-indent:-.25in;mso-=
list:
l0 level1 lfo1'><![if !supportLists]><span style=3D'mso-bidi-font-family:Ca=
libri'><span
style=3D'mso-list:Ignore'>(3)<span style=3D'font:7.0pt "Times New Roman"'>&=
nbsp;&nbsp;&nbsp;
</span></span></span><![endif]>Modern search engines usually provide two ki=
nds
of results &#8220;organic&#8221; and &#8220;paid&#8221;.<span
style=3D'mso-spacerun:yes'>&nbsp; </span>What is the difference between org=
anic
and paid listings?<span style=3D'mso-spacerun:yes'>&nbsp; </span>How do you
secure the top results for organic listings and paid listings?<span
style=3D'mso-spacerun:yes'>&nbsp; </span>Which one really pays the bills fo=
r most
search engine providers?</p>

<p class=3DListParagraph><o:p>&nbsp;</o:p></p>

<p class=3DListParagraph style=3D'margin-left:.25in;text-indent:-.25in;mso-=
list:
l0 level1 lfo1'><![if !supportLists]><span style=3D'mso-bidi-font-family:Ca=
libri'><span
style=3D'mso-list:Ignore'>(4)<span style=3D'font:7.0pt "Times New Roman"'>&=
nbsp;&nbsp;&nbsp;
</span></span></span><![endif]>Google has a adopted a structure for their
equity ownership that is shared by companies such as Berkshire Hathaway, Dow
Jones, New York Times, The Washington Post, and even Nike.<span
style=3D'mso-spacerun:yes'>&nbsp; </span>What is this structure and how doe=
s it
work in the case of Google?<span style=3D'mso-spacerun:yes'>&nbsp; </span>W=
hat
are the pro&#8217;s and con&#8217;s of this structure from the standpoint of
investors?</p>

<p class=3DListParagraph><o:p>&nbsp;</o:p></p>

<p class=3DListParagraph style=3D'margin-left:.25in;text-indent:-.25in;mso-=
list:
l0 level1 lfo1'><![if !supportLists]><span style=3D'mso-bidi-font-family:Ca=
libri'><span
style=3D'mso-list:Ignore'>(5)<span style=3D'font:7.0pt "Times New Roman"'>&=
nbsp;&nbsp;&nbsp;
</span></span></span><![endif]>Google has a primary value that says
&#8220;don&#8217;t be evil&#8221;.<span style=3D'mso-spacerun:yes'>&nbsp;
</span>Yet, the company has rolled out products that aggressively
&#8220;attack&#8221; Yahoo!, Microsoft, eBay, Firefox, even when these offe=
rings
do not generate incremental revenue for Google or value for shareholders.<s=
pan
style=3D'mso-spacerun:yes'>&nbsp; </span>How can this be rationalized with =
the
primary value of Google?<span style=3D'mso-spacerun:yes'>&nbsp; </span>What=
 is
the danger in taking this approach to the marketplace?</p>

<p class=3DListParagraph><o:p>&nbsp;</o:p></p>

<p class=3DMsoNormal><o:p>&nbsp;</o:p></p>

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