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Comment by HenryKissinger | Hacker News Reader

> We generate money by serving Google text advertisments on a network of hidden Websites. With this money we automatically buy Google shares. We buy Google via their own advertisment! Google eats itself - but in the end "we" own it!

I thought websites paid Google to have their ads on their ads network. Isn't that how Google makes the bulk of its revenue?

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Advertisers pay Google, which then pays publishers (people who own websites) to have the ads displayed on their sites. This display ad network was largely established when Google bought DoubleClick, and should not be confused with Google's search ads (where ads are displayed in Google's own search results).

But don't you need certain volume of visits for Google to want to display their ads in your site? What stops me from creating 300 random sites and putting google ads in them and just let them sit?

Nothing. You get money per impression or click (not quite sure how it works exactly). I'm sure they have automated systems to detect "click fraud".

More info here: https://www.google.com/adsense/start/

No minimum traffic, but they have a minimum payment threshold of $100. I have some legacy adsense ads, mostly on an old abandoned blog, which last sent me a payment three years ago. My current balance is $14.82. One of these days, I'll get around to doing what's necessary to resume serving the ads on a wiki I run which used to generate around $5–10 a month, but I'm in no rush.

>> We generate money by serving Google text advertisments on a network of hidden Websites. With this money we automatically buy Google shares. We buy Google via their own advertisment! Google eats itself - but in the end "we" own it!

> I thought websites paid Google to have their ads on their ads network. Isn't that how Google makes the bulk of its revenue?

Google will pay 3rd party websites to display ads from their network, which is probably what this site is using.

I believe that was one of their first ad products: text ads displayed on third party websites that targeted to website content. At the time, web advertising consisted of loud, garish banner ads, so Google's ads had a pretty good reputation.

This uses Adsense to show ads, the ads advertisers are paying Google to show.

My understanding is that they have a 'hidden' network of websites that display ads from Googles ad network (AdSense), and they use those earnings to buy GOOG.

I think you are forgetting that Google has to put the ads somewhere. Some websites do pay for ads but those go on other websites as well.

This part is not totally clear, but from my reading, the process works like this:

GWEI sends money to google, to have them runs text advertisements.

These advertisements will say "please send money to GWEI"

Some of this money will be used to buy additional advertisements. The rest of it will be used to buy GOOGL shares

EDIT: The above text is wrong. GWEI reference a "network of hidden websites", and I guess I don't really know what that means.

GWEI is not buying ads, they are are displaying ads.

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