Venture Capitalist Roger McNamee: 'Google Is Done'

Complete video at: http://fora.tv/2011/06/28/Elevation_Partners_Director_and_Co-Founder_Roger_Mc...

Roger McNamee notices a precipitous decline in Google's search business as a result of the iPhone and other mobile devices, which use apps to access the internet instead of the world wide web. "Because search is falling, I believe that we're being liberated," says McNamee.

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Roger McNamee is a managing director and co-founder of Elevation Partners. Prior to Elevation, Roger was a co-founder of Silver Lake Partners, the leading private equity fund focused on technology and related growth industries. He was a member of Silver Lake's Investment Committee and was involved in all aspects of that partnership. Prior to Silver Lake, Roger was a co-founder of Integral Capital Partners. Integral is a leading technology investor in late-stage venture and public company investments. Founded in 1991 by Roger, John A. Powell, and Kleiner Perkins Caufield & Byers, Integral pioneered the crossover investment strategy, which seeks maximum capital appreciation by making investments in expansion-stage private companies and growth-stage public companies in the technology and life science industries.

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• google
• online
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• search
• market
• share
• ads
• ad
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• revenue
• model
• information
• startup
• mobile
• phones
• apple
• iphone
• predicts
• future
• roger
• mcnamee
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[christjewells]

Open source is about commoditization? I was in the fence from just seeing his credentials and title, now I'm yards away. This is marketing toward paying for what's always and should be free. Just listen to how he speaks so negatively and condescendingly about people who support a free and open Internet.

[echelecopao]

Fora is done.

[jorgecalivalle]

@felixthehuman ,hahaha that's a good one !

[IBFilmPhilip]

what he means is that google has been ineffective in developing their main product any further. there has not been any innovation or changes in google's search engine except for speed and information volume in the past couple of years. meanwhile apple has been growing and gained more control over the personal devices market. google's search engine's success is relying more and more on apple products. unless google does something about this, this might be the end google's success.

[taiwanjohn88]

Venture capitalist, eh? To paraphrase an old saying, "A fool and his

money are soon popular."

This entire thesis is based on a faulty premise that social media are

equivalent to "search" functionality. Dude, when I log in on social

media I'm not "searching" for information, I'm just checking in to see

what's there. It's the difference between opening a box and looking

for which box to open.

People don't search much with smart phones, they just use them to play

games and upload photos.

[GrittyMcCheese]

moron

[franksvenatra]

Derp. Ever heard of android?

[felixthehuman]

Fora, could you guys spend just a little more time on science, like say genomics, paleontology, astronomy, and less on talking heads prognosticating? Or if you must, at least tell us how many predictions these guys have made, and how often they've been right.

[tcasey001]

@Omegahybridx i believe he was involved in the deal with palm and hp buying palm...Not a fan of google business practices...but google is not done...gmail rocks...youtube rocks and google search rocks...android is a stolen product and i expect it too be good and bad for google...its makes 10's of billions of dollars so clearly hes not talking from a finance point...Microsoft windows will be done but still MS makes a lot of monies...even with a idiot running the company.

[CPMSTV]

This seems to focus on how the business side of things will be affected.

How will this affect jobs though? This would be especially interesting to our Computer Science majors.