This is a very well deserved promotiom for the hard working Sundar. He is likely to reign in moonshots and other bets that are unlikely to succeed.
Sundar will be the CEO of both Google and Alphabet
251–260 of 637 posts
Re: Sundar will be the CEO of both Google and Alphabet
#252Earlier quoted context omitted.
I'm not sure how long these sort of antitrust cases take to litigate (I was young during Microsoft's high profile case), but I'd say this is one of the most rational explanations as to why, seemingly out of nowhere, they'd parachute away together. It looks like an attempt to try to distance themselves, their personal images, and their assets before it gets too ugly. I would certainly do so unless my personal financia…
Out of nowhere? - They created Alphabet to pull themselves out of daily Google business.
I've seen this explanation multiple times in this thread, but I find it incredibly hard to believe Alphabet was created to shift Sergey and Larry's time away from Google. It seems like there are far easier (and cheaper) ways of accomplishing this without creating a conglomerate.
Re: Sundar will be the CEO of both Google and Alphabet
#253There are some ongoing theory-crafting in this thread, but the real reason seems pretty simple; Larry and Sergey obviously don't want to deal with all the management and operational stuffs, but only "moonshots" like autonomous vehicles or quantum computing. Yeah, this was the whole purpose of establishing a holding company, but Alphabet has grown by 2 times (both in employee count and revenue) and probably they're no…
My personal prediction is that Sundar will be to Google what Ballmer was to Microsoft: He will make tons of money but will drive Google into a corner where it will be disrespected by, well, hackers (That is, people who are interested in technically open solutions, configurability, fitness of unplanned purposes, etc). But is it refreshing that Microsoft now is going back into an opposite direction.
Re: Sundar will be the CEO of both Google and Alphabet
#254Incredible way to paper over the likely source: https://www.cnbc.com/2019/11/06/alphabet-board-investigating... Sergey Brin and Larry Page were terrible to women. They engaged in, promoted, and paid for sexual harassment. Shortly after the Alphabet board is investigating misconduct, Larry and Page are "retiring". And of course, they're still worth billions.
This news story is talking about an investigation of David Drummond. I'm not going to rule out harassment claims against Page and Brin, but do you have a better source?
The article mentions investigations in conduct of executives from various lawsuits. Drummond is mentioned specifically in the article, and the investigation 'encompasses' that story, but others are fairly well known.
I cited an example in response to another comment here.
Re: Sundar will be the CEO of both Google and Alphabet
#255Weirdly this feels like a non-issue. Google has not felt like it has a "personality" for some time - maybe it's a function of hitting mega-corporate size, but it also feels a bit like when Microsoft (a Computer on every Desktop) essentially achieved its goal, it then spent a decade in "goalless and soulless exploitation" mode - something that one suspects is the next step for the worlds largest personality-free platf…
"unbiased free information" was never a goal because it's impossible.
Re: Sundar will be the CEO of both Google and Alphabet
#256A well deserved congratulations to Sundar's promotion! Larry and Sergey have spent the majority of their time on Other Bets for quite some time now, and it's good to see that this is finally being solidified / recognized within Alphabet's management structure.
Can someone please explain why it is well deserved? For example, when I was at MSFT it was very clear why Satya deserved to be the next CEO - for leading and growing the cloud business from irrelevance to a major pillar of MSFT. What about Sundar? Is this all because he led Chrome?
Look at Google's growth and sharehder value under Sundar. While Satya transformed Microsoft and made hard decisions like divert resources away from Windows to Azure, Sundar with the help of his CFO steadied the Google Ship and increased the monetization of their ads on Mobile when everyone thought Google have a hard time on Mobile.
Re: Sundar will be the CEO of both Google and Alphabet
#257This has to be a green light for TK to take Cloud and really run with it. There's no way Sundar can give as much attention to Google and all the other bets simultaneously. Curious what side projects of Larry and Sergey get turned down now.
Who or what is TK? It's proving hard to google decisively for a relevant meaning.
Re: Sundar will be the CEO of both Google and Alphabet
#258Earlier quoted context omitted.
So Gates is not alone. Buffet and Ellison have both pledged the vast majority of their wealth to the Gates Foundation. Somewhat unique to the US, our billionaires tends to be fairly philanthropic.
Also unique to the US. We have one of the highest infant mortality rates of any developed country. And our average life expectancy is one of the lowest for a developed country [0]. We could a lot less philanthropic billionaires and more economic policies that don't treat everyone as disposable cogs. [0] http://worldpopulationreview.com/countries/life-expectancy-b...
Life expectancy is a very complicated issue with many confounding factors: https://www.thebalance.com/the-racial-life-expectancy-gap-in...
Asian Americans have a life expectancy of almost 87 years, longer than in any Asian country. Hispanic Americans have a life expectancy of almost 83 years, exceeded only by the richest Asian countries (Japan, Singapore, Macau) and Monaco and Iceland.
Re: Sundar will be the CEO of both Google and Alphabet
#259Earlier quoted context omitted.
So Gates is not alone. Buffet and Ellison have both pledged the vast majority of their wealth to the Gates Foundation. Somewhat unique to the US, our billionaires tends to be fairly philanthropic.
>Somewhat unique to the US, our billionaires tends to be fairly philanthropic. slightly more philanthropic than the rest of the world which makes sense given how prosperous the US is, but overall US billionaires actually do not give much and Gates and Buffet are indeed outliers. The average billionaire donates barely more than the small fraction of a per cent annually. The average top 20 billionaire does in fact give…
What do you call a billionaire who gives away their billions?
Survivorship bias.
Re: Sundar will be the CEO of both Google and Alphabet
#260A well deserved congratulations to Sundar's promotion! Larry and Sergey have spent the majority of their time on Other Bets for quite some time now, and it's good to see that this is finally being solidified / recognized within Alphabet's management structure.
There's really no need for corpspeak here.
When you're immersed in corpspeak constantly it takes a conscious effort to realize when you're in a non-corpspeak context.