Silicon Alley Insider is reporting that Google will show much lower growth this quarter… yet another sign that the world’s poor economic condition is going to crimp the growth in online advertising. If Google’s revenue growth falls to 11% this quarter then the 15% revenue growth in search advertising projected by some analysts for search in 2009 starts to look pretty darn aggressive.
Note to online startup founders: VCs are not in the mood to hear about business models driven by online advertising… You may need to find another way to monetize all those eyeballs (sorry, I mean users, eyeballs was terminology from the LAST crash.)
