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by nostromo 2388 days ago
I'm curious what their continued involvement will look like.

For a while after Bill Gates stepped down as CEO, there was this awkward tension where Steve Balmer was CEO, but people still treated Bill like he was the one in control -- because he was.

5 comments

> I'm curious what their continued involvement will look like.

Page and Brin, combined, are currently the majority shareholders of alphabet. Each controls 27% of the voting power ( 54% combined ). They are still in charge. They just won't be involved in the day-to-day operation of the company. Sundar will still report to Page/Brin and the board of directors.

Honestly, there’s so much drama and turmoil there, I wouldn’t want to be there either. So many other productive things they could be doing.
Care to elaborate for the uninitiated ?
“cofounder” isn't “what you're doing now”; it's “what you did 20 years ago” but it's important because people put weight on what the founders say and think. “[large] shareholder” is sort of a role, and often goes together with “member of the board”.

Bill Gates is probably a good example to look to. He also stayed on the board (as chair) and remained a large shareholder, and was looked up to as the cofounder. So I'd imagine “like Bill Gates but with less active interest and involvement”.

The difference here is that Page and Brin have always been willing to give up the CEO seat i.e. day to day operations.

They're 100% still in control of direction and people will always treat them as the boss (esp voting power), but the dynamic will not have nearly as much friction.

Page and Brin have been out of the big picture for a long time.
> For a while after Bill Gates stepped down as CEO, there was this awkward tension where Steve Balmer was CEO

Bill was simply playing politics.