Monday, January 24, 2011

Former Google CEO Eric Schmidt to New Google CEO Larry Page: No More Adult Supervision - The Curious Capitalist - TIME.com

Former Google CEO Eric Schmidt to New Google CEO Larry Page: No More Adult Supervision - The Curious Capitalist - TIME.com: "In explaining his decision to pass the boss torch back to co-founder Larry Page, Google CEO Eric Schmidt tweeted that, ha-ha, “adult supervision” is no longer needed at the company that dominates internet search and advertising. And Google's monster fourth-quarter earnings offer evidence that Schmidt is true to his tweet: profits reached $2.5 billion on sales of $8.4 billion. But maybe he shouldn't have been so flip. Maybe Google needs a lot more adult supervision rather than less, because its too-cool-for-the-Fortune 500 culture is becoming too cumbersome, a geek commune that's simply gotten too big to manage like a startup."

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