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Sundar Pichai becomes CEO on October 24th, 2015, GOOG stock price is ~$36.87 On Apr 25, 2023 GOOG stock price is ~$103.85. I don't understand this narrative a
by typon 3y ago
Sundar Pichai becomes CEO on October 24th, 2015, GOOG stock price is ~$36.87
On Apr 25, 2023 GOOG stock price is ~$103.85.
I don't understand this narrative against Pichai. This is objectively a massive success in any reasonable metric. I can think of one glaring reason why there's this crusade against him.
- vicnov 3y agoYou're on a rocket ship that goes into space. It has already achieved the speed and is on the correct trajectory. Some of those on Earth started to assume the trajectory had to be corrected a year or two ago, but most people still feel like the ship is on track. In other words, Sundar is not a war CEO; he is there to ensure things are "on track" for the foreseeable future, while many people expect him to be a trailblazer who comes up with new innovative products (and not just tweaks to Ads UI).
- riku_iki 3y agoNasdaq index in general grew up about the same partially thanks to Fed printing money.
- morepork 3y agoThey are in fact almost identical. Over that time period both GOOG and the NASDAQ 100 have both gone up 2.8x. They're the same to 1 decimal place edit: but the NASDAQ 100 pays dividends, so Google's stock price has underperformed over that period
- jahewson 3y agoIs it squandering the most important technical advance of a generation?