Time Warner Chief Deemed Google a 'Bulls--t' Biz

It’s not easy admitting to huge mistakes like this a decade after they happened. But, to be fair, it’s not like any of us thought Google would amount to anything back then either.

"We had 5% of Google in a music merger and I said to Dick Parsons, 'Dick, I think we ought to hang onto that Google stock.' That was 10 years ago. He said that company is a bunch of bullshit." As he shook his head with his hand over his eyes, drawing laughter from the crowd, he continued his rant against Time Warner management back then.

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