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by jsnell
847 days ago
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I mean, of course he isn't going to resign. There's no personal gain in that; no other company sure isn't stupid enough to pay him $100M/year. He should, however, probably be fired by the board. His primary selling point as a CEO is, as far as I can tell, the ability to avoid rocking the boat and just keep the money printer running and the stock price going up. It's not the stuff you'd normally expect from a CEO, like inspiring the employees, executing bold strategic moves (that turn out work), and it's not building or maintaining a healthy corporate culture that makes great products. But clearly he actually can't do even that one thing, and has repeatedly steered Google into icebergs. The latest one costing the shareholders $100 billion. |
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Just look at Google's recent failures or inability to thwart competitors, despite its massive scale and resources:
- YouTube Short: took too long (4+ years) to launch against TikTok
- Meet: lacked feature parity to Zoom despite the perfect market condition
- Stadia: telegraphed its intention (Project Stream) 5 years early and lacked conviction
- ChatGPT: caught flat-footed and playing catch-up for 2+ years now
It's surprising that he hasn't been fired by the board already.