5 ms·
It will be interesting to see amazing talent leave Google and build new companies and institutions now that it’s slowly being mismanaged to death.
by pm90 4y ago
It will be interesting to see amazing talent leave Google and build new companies and institutions now that it’s slowly being mismanaged to death.
- amelius 4y agoYes, our smartest people, who were once making people click ads, are now fired.
- wan23 4y agoThe people on the revenue making teams aren't usually the ones who are let go.
- amelius 4y agoThe algorithms work. If it ain't broke, don't fix it.
- andromeduck 4y agoThe algorithms need a lot of maintenance these days.
- chaboud 4y agoThat statement, right there, should be the epitaph of every former great that found themselves disrupted.
- bigiain 4y ago“The best minds of my generation are thinking about how to make people click ads.” — Jeffery Hammerbacher (I seem to recall that was about Facebook at the time, not Google, but same same.)
- rapsey 4y agoI wonder. Google is known for being cushy. Building new companies is hard work.
- mathverse 4y agoIt would be amazing to see but I am not sure we will see it happening. Google is the one that taught the whole generation that amazing products and services should be free. It will be very hard to compete against google and other big tech companies that are essentially using predatory pricing to kill any competition.
- cmrdporcupine 4y agoI hope at some point to see legislation passed that will break up Google's advertising aspects into multiple businesses. They own the front, middle, and back of the whole thing, and strangle (even if they have to acquire) any other business that tries to break in and get a better deal for publishers, or advertisers both. Take a read through this, it's a good read: https://www.justice.gov/opa/press-release/file/1563746/download https://www.justice.gov/opa/press-release/file/1563746/downl... (It was especially disheartening/confirming to see them outright admit (in quotes the DOJ acquired) that they bought my former employer (AdMeld) explicitly to make it disappear from the "competitive landscape." When I worked at Google, I seem to recall having to take yearly training courses on how I should say stuff like that, but these people... felt free)
- bombolo 4y agoThis can only happen with funding. Is this available lately?
- throw_m239339 4y agoWell, just look at the interest rates, from next to zero in the last 3 years to 4%. free money is over.
- bombolo 4y agoExactly my point.
- zdragnar 4y agoIt's not exactly an open tap, but there's definitely still funding to be found.
- johannes1234321 4y agoMany there were there long time and well paid (base salary and stock) they could fund a lot themselves, if they have a good idea they care about.
- bombolo 4y agoSelf funding doesn't work. It might work to make a demo, but then you need real funding.
- foobiekr 4y agoFunding is absolutely available. In fact it is easy to raise in a down economy if you are the right people. A very significant fraction of successful companies were founded at or around down economies. Everything is easier and cheaper and you don’t need to rush.
- doktorhladnjak 4y agoMy observation is that this has already been happening for a long time. I’ve worked with a lot of ex Google people in startups, especially more established ones. They pretty much all found it unsatisfying working there. Too slow. Too little impact. Maybe the layoffs will be a kick in the pants for others too, but they won’t be the first or alone in moving in that direction.
- Invictus0 4y agoNot saying you're wrong, but your sample group is pretty biased.
- scarface74 4y agoHow much impact do you expect to have at a company the size of Google?
- cma 4y agoApparently about anyone can make a brand new chat app from scratch there and get the prior one removed.