Google Valuation Articles

We are starting to get into the real world, slowly but surely. Thanks to John Battelle I just found two articles that dig a little deeper. This CBS Marketwatch article just digs a bit into the cash flow including some comparison to other companies. Business week is looking at Google’s CAPEX, which at 25% of revenue seems amazingly high. This could really mean that they are up to something way bigger than their current gig.

Update: As of page 50 of the S-1 filing, they have over 200 Million USD of guaranteed revenue share payments for the next 12 months.