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They're gonna make money due to inertia for a while, until suddenly they won't, and then there won't be anything left to use to salvage the situation. When tha
by DanHulton 3y ago
They're gonna make money due to inertia for a while, until suddenly they won't, and then there won't be anything left to use to salvage the situation. When that happens, there are going to be a whole lot of "Whatever happened to Google?" articles that are going to be easy to sum up as "a long history of shortsighted decisions by inept management finally added up to more than the older history of good, forward thinking decisions ever did."
- blindriver 3y agoExcept that revenues have been growing for years under him and the stock price has skyrocketed. I personally think he's a terrible CEO but it's impossible to argue to anyone that cares that he should be removed until at least revenue or the stock price drops.
- pseudosavant 3y agoThat description perfectly fits another massive tech company CEO: Steve Balmer. Revenue tripled under him. But Microsoft's mindshare, brand image, influence, etc. all went down.
- kccqzy 3y agoSo is it appropriate to predict that Pichai will end his tenure as CEO of Google just like Balmer did, which was when he voluntarily quit ("retirement")?
- pseudosavant 3y agoThe stock price will be plenty high, but Google will never have been less relevant.
- johnnyanmac 3y agoProbably. The question is less when he retires/quit and more about how he affected the company during his final days (and of course his legacy). Unity is a great anti-example of this: The former CEO IPO'd, made big money for Unity, and on the way out arguably burned the longterm status of the company while he fell with his golden parachute. That's a lot of the problem. There's no teeth in it for modern day C-class execs. The only difference when they leave is whether they leave a billionaire or a hundred-million aire.
- gtirloni 3y agostock price is flimsy and on that revenue growth, what are the margins? If they are static, he's just doing more of the same.