521–530 of 637 posts
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Sundar seems to be turning into Google's Ballmer, for better and for worse. The lack of direction, apart from the bigger projects is noticeable.
How? Apples and Oranges comparison
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The original reason was that smart people like career progression. Money alone isn't enough to keep them - they want something good on their business cards. Otherwise some will leave to become CEO of another company. By making a group of companies, you can have many CEO's, more directors, more VP's, etc. and therefore keep hold of more smart people who are after external recognition more than money.
You could easily do that by having sub-companies of Google instead of sub-companies of Alphabet.
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I don't know man. Doesn't that sound a little bit suspicious? If you were to create Google why would you just peace out? Look at Bill Gates. He still wants to do things but the google founders are all MIA. How do guys like that just lose all ambition and disappear?
A similar question was at the center of Atlas Shrugged
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I don't understand how being under Google vs being under Alphabet changes that. They're still fundamentally one org sharing data with itself. If anything, I would think the company segregation would make it more complicated and difficult, wrt logistics, legality, and internal politics.
No they are separate corporations. Verily has received two rounds of non-Alphabet funding. https://www.crunchbase.com/organization/verily-2
Far more likely is that this “outside investment” is just smoke and mirrors deception and games of money and politics to manipulate.
You simply cannot have separation when motivations are inherently intertwined, codependent, and fungible just like the money.
It’s like saying when the “CIA”, MI5/6 and Mossad Fund and supply ISIS they’re really just funding their humanitarian white hat efforts.
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I don't understand how being under Google vs being under Alphabet changes that. They're still fundamentally one org sharing data with itself. If anything, I would think the company segregation would make it more complicated and difficult, wrt logistics, legality, and internal politics.
No they are separate corporations. Verily has received two rounds of non-Alphabet funding. https://www.crunchbase.com/organization/verily-2
https://abc.xyz/investor/news/releases/2019/1203/ Slightly more organized info in the intro bullets. Larry Page and Sergey Brin, the CEO and President, respectively, of Alphabet, have decided to leave these roles. They will continue their involvement as co-founders, shareholders and members of Alphabet’s Board of Directors.
In a way this seems like an admission of the failure of the "Alphabet" thing. The idea behind that originally was that all of these other projects were going to become so significant that it wouldn't make sense to have them or their management coupled with Google. But a half-decade later, it's still 99.9% Google, so just double-up the Google guy to lead both tiers. Same as it ever was.
Maybe they should just rename the whole thing to "AdWords" then...
https://abc.xyz/investor/news/releases/2019/1203/ Slightly more organized info in the intro bullets. Larry Page and Sergey Brin, the CEO and President, respectively, of Alphabet, have decided to leave these roles. They will continue their involvement as co-founders, shareholders and members of Alphabet’s Board of Directors.
In a way this seems like an admission of the failure of the "Alphabet" thing. The idea behind that originally was that all of these other projects were going to become so significant that it wouldn't make sense to have them or their management coupled with Google. But a half-decade later, it's still 99.9% Google, so just double-up the Google guy to lead both tiers. Same as it ever was.
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What makes you think they're retiring to sit on their asses all day and "spend their billions"? Maybe they have new and interesting things to do.
Lets just say I am hoping . I am clearly projecting my desires onto people I don't know and have never met, but at least it is a nice goal. (yes of course they and I would get bored of a life of endless luxury - but I would like to at least try it and see how long I can hold out ;-)
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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...
As an outsider looking in, many in the US seem to value charity over taxation. I can see why, though personally I'd rather send my money to those who (presumably, and hopefully) have a broad enough view of society to know where it is really needed.