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"Our mission is not to make Google as big as possible; it is to organize the world's information," says Laszlo Bock, vice president of people operations at Goog
by gaborcselle 19y ago
"Our mission is not to make Google as big as possible; it is to organize the world's information," says Laszlo Bock, vice president of people operations at Google. "If we seed the next 200 great startups, that's no bad thing."
I never looked at it this way. If Google is the catalyst of many successful startups in the future, that's also a way to leave an overall positive impact on the world. A surprisingly grown-up way of looking at things.
- gyro_robo 19y agoSeems like it would make more sense to do it directly, though, than funnel millions out the door with no return. A Google investment fund.
- iloveyouocean 19y agoWho do you think will end up buying all the successful run-off companies? Its much easier just to pick the winners than mess around with a ton of investments.
- gyro_robo 19y agoBecause it costs a billion dollars to buy a YouTube. For that kind of dough you can try out 50,000 Y Combinator companies.