Does Google Owe Shareholders a Refund?

There is a pretty ballsy/nutty quote from an analyst in a Venturewire story today about Sequoia’s Mike Moritz’s resignation from the Google board:

Moritz’s departure “is not sufficient,” said Global Equities Research analyst Trip Chowdhry, who is among those saying Moritz’s position with both companies and his influence on Google’s founders clouds the YouTube deal.

“It’s because of him that Google has these problems,” he said. “Google should return the money it paid for YouTube to investors.”

I love cynicism and contrarian thinking as much as anyone, but c’mon, you think the only reason Google bought YouTube was because of Moritz’s involvement in both? If you know anything about the famously headstrong and stubborn Brin/Page, you’d find that as hard to swallow as I do.

Related posts:

  1. Vonage says, Refund? Refund?
  2. The Google “No Guidance Policy” Drinking Game
  3. Google is “Among Suitors” for YouTube
  4. Materials from Google Day
  5. The Google Slides Kerfuffle Continues

Comments

  1. Larry says:

    I like the Valleywag rumor that Moritz may have a conflict of interest with other Sequoia portfolios that are merging Google competitors.
    Anyway, shareholders won’t ask for a refund for the purchase price if things go bad with litigation, the class action lawsuits will come out. But this will be after the hedge funds pile on if they see blood. You will see this if you see Google short/Viacom long positions being taken.

  2. Franklin Stubbs says:

    Here is an excellent commentary on the Youtube strategy — why Google wanted to be sued

  3. Franklin Stubbs says: