How does Cuil affect Google’s stockJuly 29th, 2008 - 1:37 am ICT by admin
Cuil, a technology company pioneering a new approach to search, unveils its innovative search offering, which combines the biggest Web index with content-based relevance methods, results organized by ideas, and complete user privacy. Cuil (www.Cuil.com) has indexed 120 billion Web pages, three times more than any other search engine.
The new search engine has been launched by ex-Googlers with a lot of hype. So much so that the site is currently very slow and many pages showing not found errors. Some have even gone as far to call Cuil the “Google killer“.
Search is the core product of Google, based on its popularity, Google is able to push its money-making services such as adsense, adwords and corporate solutions. Cuil is now attempting to take a hit at Google’s core business of providing relevant search results. If Cuil succeeds, it would adversely affect Google’s stocks.
As of yet the trend in GOOG is in line with the NASDAQ. The investors don’t consider Curl as a threat to Google. It is basically up to Cuil to decide if its just another brick on the wall or if it is indeed a “Google Killer“.
As of yet the Cuil stock is not publicly traded. The current investors are : Greg Penner - Madrone Capital Partners, Dave Strohm - Greylock Partners and Dave Whorton - Tugboat Ventures