Hold GG stock or sell?
Hold for TikTok ban
What will happen after ban? You think tiktok will cease to exist? It is going to just change ownership. App is here to stay unless states ban it for children and kids.
After the latest wave of idiotic layoffs, I'm dumping it.
They juiced the stock with layoffs and by making the experience of Google worse. I think when you’re in this territory it’s clear the company has peaked and there is no more real growth to be had unless the company changes its focus and re-prioritizes the user. Otherwise, you’re getting replaced by a better product, which is happening with OpenAI and LLMs, an advancement Google missed the bus on, when it should’ve actually been leading. As for the layoffs, it might not be apparent yet, but layoffs actually destroy company culture and lead to lost trust. Employees will no longer go the extra mile or view Google as a top desirable place to work. Google will begin to lose talent and also lose its ability to attract talent. It will be replaced by other companies in the minds of job applicants. These changes are gradual, but you can already tell they’re happening based on the trends and discussions happening on Blind. I’d sell. https://www.seroundtable.com/how-man-killed-google-search-report-37281.html
Google employees who get GSUs usually have a long exposure to Google already that is extremely outsized. That is, if GOOG(L) does well, they're gonna make money anyway. Therefore, they should probably mostly be selling stock as they get it, in order to be more diversified.
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HODL