👻 Noteworthy Bits -- 10/31/22

Google is trying to reinvent search — by being more than a search engine from The Verge

As technology evolves even the giant tech incumbents have to evolve with it.

“ Google is embracing the idea that search isn’t a question-and-answer system. It’s a system for exploration, for discovery, for trying to learn things about which there are no obvious answers. And that changes both what users want from Google and the responsibility Google bears in what it decides to give them.”

How They Make Money from App Economy Insights

How to Price Products — Madhavan Ramanujam

This is a great podcast from the Invest Like the Best series featuring Madhavan Ramanujam who literally wrote the book on monetizing innovation.

“If you go and ask a customer, what should I charge for this product? You will get garbage back. That's your job. That's not your customer's job to solve your pricing strategy. But there are some clever ways of asking this in such a way that you get some meaningful responses. For instance, one of the easiest things that I remember a founder actually did to find out their pricing strategy is he kept doubling the price in every deal till someone laughed him out of the room, okay? He found that there was a threshold, and he hit that. And then he knew that, that's where he needs to stabilize.”