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by Judgmentality
2112 days ago
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> Larry Page and Sergey Brin were grad students in computer science, which presumably makes them "engineers." Do you suppose Google is only good because they had some business guy whispering in their ears what customers wanted? Larry Page and Sergey Brin originally wanted Google to be a pay-to-use service and were against ads. I don't know how they came to their change in business model, but I suspect it was after they hired people that weren't engineers to help. |
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Schmidt joined Google in March 2001. For all of 1999 Google only had $220,000 in revenue (founded Sept 1998). Their early, primitive experiments in advertising worked well enough, they brought in $19m in revenue for 2000 (which would increase 300% in 2001, and then 400% in 2002).
[1] 2013: https://slate.com/business/2013/10/googles-big-break-how-bil...
[2] 2005: https://www.gq.com/story/google-larry-sergey
> Schmidt met all of Larry and Sergey's stringent criteria. He had a credible name, a Ph.D. (from Berkeley), and he promised not to push the boys aside or dismantle the quirky culture they'd engendered. "The board members told me, basically, 'Don't screw this thing up!' " Schmidt says. "They said, 'It needs some infrastructure, some growing, but the gem here is very real.'"