Google CEO Eric Schmidt was on PBS’s Charlie Rose on Saturday night and was asked specifically about whether or not Google will buy Twitter (amongst many other very good questions).
Watch the entire video of the Charlie Rose interview of Google CEO Eric Schmidt on Google Video :
His answer, albeit extremely vague, shows the Google is playing a wait and see approach with Twitter :
Charlie Rose : People are excited these days, the lost several months about Twitter. Does Google want to buy Twitter?
Eric Schmidt: I shouldn’t talk about specific acquisitions. We’re unlikely to buy anything in the short term partly because I think prices are still high. And it’s unfortunate I think we’re in the middle of a cycle. Google is generating a lot of cash. And so we keep that cash in extremely secure banks.
Charlie Rose: Right.
Eric Schmidt: And we’ll wait that out. From our perspective, I think the YouTube application and the DoubleClick acquisition which are the two large ones we did last year and the year before, have been phenomenally successful.
More coverage of the interview with a transcript from TechCrunch.
That’s too bad, Twgoogling would be pretty sweet. But the fact that he said hes “waiting” out definitely does not mean NO.
Twitter is already a good lead gen machine… if you’re not using it for your blog, NOW is the time to jump on the bandwagon. Before it’s over-ly saturated.
Very interesting interview, well worth watching.
And thank you SEJ for reminding me how good Charlie Rose is.
Check out my CARTOON & Comment on:
http://www.pcdisorder.com/2009/03/google-test-driving-twitter.html
I have to agree, I wasn’t going to watch it but I have it on in the background and it’s worth watching.
I don’t think they need to worry about buying twitter yet, it’s not going to pull in money like everything else they seem to be working on.
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