ST Alpha - ""It was getting harder and harder to hide the costs of some of the company’s projects,"..." (Reading a Post)

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"It was getting harder and harder to hide the costs of some of the company’s projects,"...

Posted by x (aka dmuck) Aug 10 '15, 17:32

particularly since some were bound to fail, said one former Google executive. “It’s easier to take the core business and run it like a Fortune 500 company,” keeping the more speculative enterprises separate."

so basically this google re-org sounds more and more like page et al don't really like having to explain the losses from their speculative projects, so they want to keep google as the money producing advertising cash cow that it is, and then they can keep blowing through money on whatever megalomaniac pie in the sky research jams they want without having to explain it to the cfo.

Responses:

Link me pleade -- nm - Truman Aug 10, 17:47 3
- it's in the wsj piece.... - x Aug 10, 17:52
- Hmm. Please. No edit button. -- nm - Truman Aug 10, 17:48 1
  - You need to be logged in. -- nm - mara Aug 10, 17:56
Their impossible goal: creating a product that even Hyde can't be grumpy about. -- nm - Imperator Aug 10, 17:43 6
- google does some interesting stuff. i just really wish people would stop believing in the smoke screen that it's a succesful "knowledge company".... - x Aug 10, 17:58 4
  - Yeah, Doubleclick is what brings in the big bucks -- nm - Beryllium Aug 10, 18:06 3
    - the best part is, they didn't even develop AdSense. they were just smart enough to buy the company that did...nm - x Aug 10, 18:07 2
      - And integrate it so well into search -- nm - Truman Aug 10, 18:09
      - I did not know this -- nm - prayformojo Aug 10, 18:08
- chocolate chip cookie -- nm - Peglegpete Aug 10, 17:52
You make it sound so icky when you put it like that -- nm - jangles Aug 10, 17:43
That makes sense. That's how I'd run things. - Beryllium Aug 10, 17:35

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"It was getting harder and harder to hide the costs of some of the company’s projects,"...

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