If You Think That Google Maps Is Free, Think Again

Logically Answered November 27, 2023
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Logically Answered

@logicallyanswered

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Tech & AI Stories My name is Hari and this channel is centered around explaining the economics of tech and social media. These sectors are generally analyzed through the lenses of finance and economics to determine which industries and companies will thrive and which will fall. In addition to this analysis, my content is often focused on the stories of various famous entrepreneurs such as Elon Musk, Steve Jobs, and Jeff Bezos. I also cover the rise and fall of several interesting companies and services that we come across on a day-to-day basis. There have been so many companies that have risen to fame and then died out in a single generation. The most interesting companies are the ones that were able to save themselves and avoid bankruptcy. Feel free to subscribe if you would like to see any of these topics Logically Answered. Also special thanks to my editors flick5832, imrikon, and vvsnet (Discord)!

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Earn Cash Back On Stocks: Up To $5,000 Per Year https://www.silomarkets.com/logic Have you ever wondered how Google Maps makes money? From the user perspective, Google Maps and it’s all of its insane resources whether it be satellite view, street view, or real-time traffic are all completely free to use. But, despite being free to the end user, it turns out that Google Maps actually pulls in quite a bit of revenue. In fact, Google Maps is expected to pull in $11 billion in revenue in 2023 which roughly values the business at $62 billion. You might be inclined to think that Google Maps makes all of their money through sketchy avenues like data collection or privacy invasion but Google Maps’ monetization is actually rather straightforward and ethical. They essentially allow businesses to pay a premium price in order to have custom branding and more visibility on Google Maps. Additionally, they also license out Google Maps through a variety of different avenues from direct map integrations to address autofill. This video tells the story of Google Maps and how Google Maps became a $62 billion business in its own right. Earn Interest From The Government & Top Corporations: (iOS App for US Residents) https://www.silomarkets.com/waiting-list-page?utm_source=googlemaps&utm_medium=video Free Weekly Newsletter With Insiders: https://logicallyanswered.co/ Socials: https://www.instagram.com/hariharan.jayakumar/ Discord Community: https://discord.gg/SJUNWNt Timestamps: 0:00 - Google Maps 2:02 - An Underwhelming Start 5:27 - A Complete Do Over 8:40 - Monetization Thumbnail Credit: AOME1812 - Shutterstock https://bit.ly/3uzp6Oa Resources: https://pastebin.com/kZ2HQnwR Disclaimer: This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research. https://www.silomarkets.com/disclosures

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