3 ms·
Yes. A much better approach would be for all the shareholders of the company to elect a group of experts to periodically review Larry's ideas and sign off on hi
by raldi 11y ago
Yes. A much better approach would be for all the shareholders of the company to elect a group of experts to periodically review Larry's ideas and sign off on his major capital outlays. We could refer to these people as the "Board of Directors".
- MaysonL 11y agoElected by Larry and Sergei.
- tamana 11y agoThat's not substantially different. How about some of those 60000 geniuses make some choices about what to pursue?
- raldi 11y agoThey do, in fact, have quite a bit of leeway. Eventually, though, when they need significant funding, or headcount, they ask their managers. As the project grows, it continues escalating, and if it's a major strategic commitment, it goes all the way up to the CEO and Board of Directors. It's worked really, really well for Google thus far; have you seen the long-term trend of their stock price? Nonetheless, if you'd like to change it, you're welcome to acquire a controlling share of the company, and then you can run it however you please.