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Google Paid This Man $100 Million

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Re: Google Paid This Man $100 Million

#21

Post by DanBC »

cridal wrote: post #16

Wow. Definitely, an interesting reading. And a special guy, no question about it. On the other hand, the guy didn't cure cancer. Doesn't it give anyone pause to thin that the topic of conversation is 'ads'? You know, those little annoying things you would never click, and which get in the way of your normal life. I mean we're talking about billions of dollars. So much human talent, skill, intelligence taken away from…

Find a way to cure cancer while serving ads and you'll be both rich and famous.

EDIT: This sounds snarkier than I meant it to, sorry. I agree that there are many things that I look at and I think "This is nuts!" - like how cheap products are that get mass produced in China. Someone gets oil from a deep sea well; refines it, turns it into plastic, ships it to a factory, who do stuff with it, put it in a box, put all those into other boxes, ship it, distribute it locally, someone takes all the little boxes out of the big boxes and puts them on display, and I can buy this for a couple of dollars.

Yes, it's weird that we spend millions on Barbie dolls, and not so much on cancer or malaria or HIV or hunger.

Re: Google Paid This Man $100 Million

#22

Post by rhizome »

simonsarris wrote: post #18

I find this fascinating. It almost smacks of game theory. A land-mined game of incentives, anyway. Think of the sheer amount of considerations that go into a decision like this. Higher-ups at Google must acknowledge: * Offering someone an enormous sum only after someone else has made you an offer can be off-putting. Consider the many articles written about never making counter offers[1], or never accepting them. * Al…

Based on a virtual napkin math based on what's in the story and GOOG's current stock price, I'm speculating the entire deal was simply "200,000 options." I'm sure he got a promotion/raise out of it as well.

Re: Google Paid This Man $100 Million

#23

Post by RockyMcNuts »

rhizome wrote: post #22
simonsarris wrote: post #18

I find this fascinating. It almost smacks of game theory. A land-mined game of incentives, anyway. Think of the sheer amount of considerations that go into a decision like this. Higher-ups at Google must acknowledge: * Offering someone an enormous sum only after someone else has made you an offer can be off-putting. Consider the many articles written about never making counter offers[1], or never accepting them. * Al…

Based on a virtual napkin math based on what's in the story and GOOG's current stock price, I'm speculating the entire deal was simply "200,000 options." I'm sure he got a promotion/raise out of it as well.

vesting over... 7-10 years?

$10m a year for a guy running a $7b business.

Re: Google Paid This Man $100 Million

#24

Post by wallflower »

This is a job for life and then some.

If you compare this with full professorship (academic tenure), that will cost the university about $4 million (assuming $60k/yr - probably $6-7 million if the university is upper echelon). So conservatively this is 10-15x what tenure is.

Neal Mohan sounds like the business equivalent of Jeff Dean [1]

[1] http://research.google.com/people/jeff/

Re: Google Paid This Man $100 Million

#25

Post by cridal »

slyv wrote: post #19
cridal wrote: post #16

Wow. Definitely, an interesting reading. And a special guy, no question about it. On the other hand, the guy didn't cure cancer. Doesn't it give anyone pause to thin that the topic of conversation is 'ads'? You know, those little annoying things you would never click, and which get in the way of your normal life. I mean we're talking about billions of dollars. So much human talent, skill, intelligence taken away from…

Ads are also the thing that enables really amazing things to exist. Regardless of your feelings about facebook, the community it has created has had drastic impacts on the world at large. Almost the entire knowledge of humanity is now in anyone's grasp with a simple click of a button (Google). That was only possible because Google was able to make money off of it through ads. How do you propose that the internet pay…

'cure cancer' was just a placeholder for anything of greater importance to the human condition. However, maybe you are onto something. Maybe ads are indeed the lifeblood of the new interconnected, networked world of century 21 and beyond. I guess nobody figured out a better way to sustain life on the 'internets'. Yet...

Re: Google Paid This Man $100 Million

#27

Post by Evbn »

capred wrote: post #3

Does anyone know if these types of $100M numbers are actually true? I think it makes a great headline but wouldn't everyone at senior ranks get packages like this making it unsustainable?

How many people do you think are VP's at Google? A few hundred at most? $X million per year is normal for a big co VP. This isn't like a bank were every teller or saleman is called VP.

He is a One-percenter at the top of the Google pyramid.

Re: Google Paid This Man $100 Million

#28

Post by codeonfire »

quaunaut wrote: post #17
cridal wrote: post #16

Wow. Definitely, an interesting reading. And a special guy, no question about it. On the other hand, the guy didn't cure cancer. Doesn't it give anyone pause to thin that the topic of conversation is 'ads'? You know, those little annoying things you would never click, and which get in the way of your normal life. I mean we're talking about billions of dollars. So much human talent, skill, intelligence taken away from…

I'm not about to say that this is as noble as curing cancer- but then again, the skills aren't one to one. Generally the kinds of people who are able to think at such a high level strategically for a business, have very different ways of thinking from those who do hard science. Science is slow, arduous, and full of rigor in a way that would probably make Neal into a mediocre scientist at best. Things that Neal accomp…

Equally plausible to the 'providing value' theory are several possible scenarios of externalities that can't be mentioned without asbestos underwear. And as for thinking about how many jobs a person is enabling, we'll just call that the 'dear leader' argument.

Re: Google Paid This Man $100 Million

#29

Post by rayiner »

RockyMcNuts wrote: post #23
rhizome wrote: post #22

Earlier quoted context omitted.

Based on a virtual napkin math based on what's in the story and GOOG's current stock price, I'm speculating the entire deal was simply "200,000 options." I'm sure he got a promotion/raise out of it as well.

vesting over... 7-10 years? $10m a year for a guy running a $7b business.

That's not out of line with what F500 CEOs get paid. Heck, Jamie Dimon's peak comp was double that and JPM is a $100 billion/year organization.

Re: Google Paid This Man $100 Million

#30

Post by Evbn »

simonsarris wrote: post #18

I find this fascinating. It almost smacks of game theory. A land-mined game of incentives, anyway. Think of the sheer amount of considerations that go into a decision like this. Higher-ups at Google must acknowledge: * Offering someone an enormous sum only after someone else has made you an offer can be off-putting. Consider the many articles written about never making counter offers[1], or never accepting them. * Al…

Kind of a long way of describing that big company big wigs get paid a lot of money, and it isn't really a big issue because no worker bee is as irreplaceable.

He knows a lot of similarly well placed people and knows a lot of Google's business which competitors would be interested to learn about (nothing informal on paper of course), and like a tin pot dictatorship, stability is better than churn, regardless of whether the stable leaders are amazingly good or not.

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