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Incompetent Middle Management Killed Google
- moose_man 3y agoDon't forget Sundar
- bogwog 3y ago> The author made this story available to Medium members only. What are the incentives for doing this?
- wahnfrieden 3y agopayments.
- bogwog 3y agoSo Medium accounts aren't free, or is it that Medium is paying authors anytime someone creates an account? I've never made a Medium account, so I really don't know.
- emestifs 3y agohttps://medium.com/membership https://medium.com/membership - you pay medium, medium pay author some tiny subset of that.
- emestifs 3y agoenshitification intensifies. Sorry I know this is a low quality comment. But I think it fits with the irony of everything.
- pg_1234 3y agohttps://archive.ph/1c4eS https://archive.ph/1c4eS
- pg_1234 3y agoCan anyone confirm the full post even extends past the fade-out ?
- AnimalMuppet 3y ago<loads google.com> <checks search engine market share> <looks at Alphabet's latest P&L> Uh... they're sure showing a lot of life for having been killed...
- cdme 3y agoAnd Medium killed the blog only to replace it with more paywalls.
- ramesh31 3y agoIt's just the money. The stakes are simply too high. You are dealing collectively with millions of dollars in total compensation between just a few people in a room having a meeting. Every single gesture or slight or brilliant idea or suggestion made can have a direct consequential impact measured in hundreds of thousands of dollars. It becomes completely impossible to be truly open and honest and collaborative when that's the case. Everything becomes a life and death struggle of competition. People with $800,000 mortgages and $70,000 car payments to make are thinking about very little else. It's pure game theory at this point, where any productive work is a side effect.
- whoiskatrin 3y agoUse https://12ft.io/ https://12ft.io/ to read if you aren’t a member
- beisner 3y agoDoesn't work.
- blamestross 3y agoI feel a much stronger urge to blame the c-suite. Ultimately it is so much simpler. Google is a growth stock. It's value isn't in revenue. It isn't even in the YoY growth. The value is in the second derivative of revenue. It's value is predicated on the company staying on the "fun and super linear growth" part of the sigmoid growth curve. The growth is changing inflection and they have to do everything they can to keep the illusion that it isn't alive because once Google stops accelerating the stock will crash and it will "fail". So the c-suite could manage the transition from a growth stock to a dividend stock, or they could keep chopping off bits to keep the old dream alive for one more quarter.
- jsnell 3y agoIf that were true, they'd have a high P/E ratio. That's not the case. Their P/E ratio is about 28. That's in comparison to e.g. MS at 38, Amazon at 81, Nvidia at 72.
- blamestross 3y agoTry looking at that ratio over time.
- Someone 3y agoThe blog post this discusses is freely available: https://ln.hixie.ch/?start=1700627373 https://ln.hixie.ch/?start=1700627373. I don’t see it agreeing fully with the title of this post. It says: “Much of these problems with Google today stem from a lack of visionary leadership from Sundar Pichai, and his clear lack of interest in maintaining the cultural norms of early Google. A symptom of this is the spreading contingent of inept middle management.” So, it claims “inept middle management” is a symptom, not a cause.
- TriangleEdge 3y agoShould be changed to "Incompetent Middle Management Kills All Companies".
- dave333 3y agoIt makes sense to manage the search and ad business quarter to quarter, but if that's all they do then they will soon get disrupted by the next big thing like AI. They also need to keep thousands of internal startups running in "change the world" mode so they can disrupt themselves and stay in the game long term. I thought thats what they were doing with letting everyone do their Friday projects.
- 28304283409234 3y ago“The author made this story available to Medium members only.“ Bye