[sjwhevvvvvsj]

Maybe he should have stuck with that rather than running a sprawling corporate behemoth into the ground with purely short-term, market-based, decision making and the world wouldn’t be laughing hysterically at the abomination that is Bard.

[alephnerd]

Google's stock valuation has returned to it's COVID high. By most standards he's managed the stock well, which is all that matters as the CEO of a F10. I know my 401k is happy.

[lotsofpulp]

People compare against peers, not the broad market. When AAPL/MSFT/AMZN have 10 year 25% to 28% annual returns, GOOG/META does not impress with 17% returns, especially for people who decided or are deciding which RSUs to work for (unless otherwise made up for with extra pay or quality of life at work). The 5 year numbers are probably more relevant and look way worse.

[sjwhevvvvvsj]

Exactly, and the culture premium of Google has evaporated so they can only compete on comp alone.

I quit and don’t regret it at all, everybody I talk to there basically just says they have zero inspiration and shuttle between pointless meetings and are only there for a big paycheck. In my view, that’s a pretty miserable existence - one needs passion to thrive.

[sjwhevvvvvsj]

Exactly my point, he and Ruth optimize for short term market gains and have literally no vision for the future of the company short of killing adblockers.

Kodak was also doing great, until suddenly they weren’t. My own personal experience of the last year is my search engine use has about halved in favor of GPT, with most of my friends reporting the same.

If Google is ever forced to admit in an earnings call that search volume is down the stock will crater on the spot.