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Who said cash compensation? I’m using $300k as a total compensation amount. Feel free to adjust the numbers. Even at $600k that’s 9 freakin years of 13,000 know

Who said cash compensation? I’m using $300k as a total compensation amount. Feel free to adjust the numbers. Even at $600k that’s 9 freakin years of 13,000 knowledge workers doing something. I’m not the CEO. The CEO’s job is to allocate resources effectively. So develop new products. Personally, I’d have them work on Google Reader, making GCP competitive, fixing search, fixing Bard, and monetizing Bard.

s1artibartfast 4y ago
Giving money back to stockholders is a form of resource allocation. A company can decide whether it wants to develop new products or not or how many. If investors, the board, and Leadership thought there was more money to be in made by developing new products they would do that. Everybody wants to make more money. Nobody wants to make less money just so they can lay people off
toast0 4y ago
> I'm not the CEO. The CEO’s job is to allocate resources effectively. So develop new products. How is Google developing new products an effective use of resources? Most often they spend a lot of resources on it, figure out it doesn't hit their metrics and abandon it. It would have been a better use of resources to return it to shareholders who can use it for something else.
- prepend 4y ago
  > How is Google developing new products an effective use of resources? Generally, new products means new revenue streams and new profit, preferably improved profit margins. The complaint is that they can’t develop new products so are returning money to investors so investors can earn better returns. So that’s a sign of lack of innovation. I’d expect a company with the “worlds best programmers and AI” to be able to innovate and create new products. Google is showing they are just the new IBM, or worse, clear channel or some advertising company. Hopefully they can get leadership that has some new ideas other than giving their cash cow some vitamins. Apple and Microsoft get mentioned frequently as tech behemoths. They aren’t the height of innovation but they are still able to grow markets (Apple with AirPods and stuff and Microsoft with azure). Google should be cranking out new billion dollar products and inventing markets.

s1artibartfast 4y ago

Giving money back to stockholders is a form of resource allocation. A company can decide whether it wants to develop new products or not or how many. If investors, the board, and Leadership thought there was more money to be in made by developing new products they would do that. Everybody wants to make more money. Nobody wants to make less money just so they can lay people off

toast0 4y ago

> I'm not the CEO. The CEO’s job is to allocate resources effectively. So develop new products. How is Google developing new products an effective use of resources? Most often they spend a lot of resources on it, figure out it doesn't hit their metrics and abandon it. It would have been a better use of resources to return it to shareholders who can use it for something else.

prepend 4y ago
> How is Google developing new products an effective use of resources? Generally, new products means new revenue streams and new profit, preferably improved profit margins. The complaint is that they can’t develop new products so are returning money to investors so investors can earn better returns. So that’s a sign of lack of innovation. I’d expect a company with the “worlds best programmers and AI” to be able to innovate and create new products. Google is showing they are just the new IBM, or worse, clear channel or some advertising company. Hopefully they can get leadership that has some new ideas other than giving their cash cow some vitamins. Apple and Microsoft get mentioned frequently as tech behemoths. They aren’t the height of innovation but they are still able to grow markets (Apple with AirPods and stuff and Microsoft with azure). Google should be cranking out new billion dollar products and inventing markets.