Google’s years of rapid growth are over. So are the tons of freebies the Mountain View, Calif., company use to give to its employees.
In order to “prioritize resources and focus more on core search, ads and apps business”, the search giant is now scaling back on everything from hiring, building data centers to perks like free meals, daycare and even the 20% free time it gives employees to pursue pet projects.
But the party Google is planning for the media next week is still happening 
With recent cost cutting measures in place, Google looks more and more like a mature company, attracting attention from investors like Jeff Matthews, general partner at RAM Partners.
“Google for example is trading in the high $200. They have $50 a share in cash. And they can earn $20 dollars next year. Now the market doesn’t think it will and it’s selling at 11 or 12 times earnings.
Which is absurd because Google will probably compound earnings of 15% a year for 5 years. So in 5 years, it will be earning $40 or $50 a share and you can pay 6 or 7 times that right now.
So why take a risk on a untested public company when I can buy Google which I understand completely the risks right now,” said Matthews, speaking at the AlwaysOn Venture Summit this week in Half Moon Bay, Calif.
Just remember, Matthews is a short seller! His video comments below:
