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Author: TMFRichDad Big gold star, 5000 posts Old School Fool Coverage Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 89  
Subject: Re: 1% Baidu Date: 9/2/2008 9:52 PM
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Hi Wade,


A tough pill to swallow for those who live in IV land, - I know) =).


LOL, not to worry, I sense they are looking for me and will come and drag me back before too long :)

One more comment, then I'll leave you alone.

To help my slow growth mind get a handle on what it actually means to grow 50% for 5 and then 25% for another 5. I did a simple compound growth calculation and came up with a $1 today will be $23 after those 10 years.

So, Baidu is currently a $10B business. Google is a $146B business. If your growth numbers are right, then Baidu will be nearly twice as big as Google is today, in 10 years.

I have no idea if that's reasonable or not. I know nothing of the business and even less about China. But, I thought I'd share it fwiw.

Good luck to you and thanks for the reply,

Rich
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