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-The CEO of Alphabet did not take part in approving a $120m bonus to an employee. -He does not remember how Project Chauffeur was started. -He does not know w
by KKKKkkkk1 9y ago
-The CEO of Alphabet did not take part in approving a $120m bonus to an employee.
-He does not remember how Project Chauffeur was started.
-He does not know whether due diligence was done when Google made its investment in Uber.
-He does not know whether Waymo is allowed to file a lawsuit against Uber without notifying him.
What is he responsible for in Alphabet then?
- dmix 9y agoDelegating responsibility for countless tasks like any good CEO and focusing his energy on things he is good at? Does he really need to be the guy approving bonuses to employees and coordinating details of investments in 3rd party companies?
- deanCommie 9y agoYet he approved every Google hire until 2011: https://www.quora.com/What-does-it-mean-when-Larry-Page-signs-off-on-every-hire https://www.quora.com/What-does-it-mean-when-Larry-Page-sign... It seems far more likely that Page is being evasive and doesn't want to give evidence supporting a narrative that Lewandowski was a superstar, Google was desperate to keep him, failed, and this lawsuit is just a malicious and anti-competitive. (Which I don't believe, but I'm guessing that's the narrative Uber would want to create)
- icebraining 9y agoHe's responsible for not answering questions if he might misremember and contradict the record.
- btian 9y agoHe runs a $100B a year business. You think he has time for every little detail? If you read page 24, he said it's not unusual for people to be paid $100M. Do you expect him to remember all the people and amounts paid?
- achamayou 9y agoYou have to wonder if that's really true though. Even the CEOs of the best performing investment banks don't make more than a fraction of that.
- user5994461 9y agoThe bonus go to the trader, not the CxO.
- ryandrake 9y agoI call bullshit. I don't care how big your company is. If some employee is getting $100M, the CEO is going to know about it. There couldn't be more than a handful of people at that company making that much.
- dancryer 9y agoI got the impression that he was aware of it, but had no reason to remember the specifics of it. He knew it sounded about right, which is what I'd expect from a CEO months (or years) after the fact.
- mrkrabo 9y ago>If you read page 24, he said it's not unusual for people to be paid $100M. Do you expect him to remember all the people and amounts paid? That's a lie. Do you really think Google would be paying someone $100M or something close to that and the CEO wouldn't hear of it?
- magicalist 9y agoEh, there's definitely a limit, but if the maintainer of a major piece of software didn't remember how a particular feature first started or if they were in the OWNERS file of a particular directory, I would consider them to be a completely representative member of our species.
- notatoad 9y agoHe's the CEO of alphabet, not the CEO of waymo. He manages Alphabet's investment in waymo, he doesn't manage waymo.
- Eridrus 9y agoWaymo is a relatively recent invention though; Project Chauffeur started in Google.