Sigh. The problem with doing a book is that you hold stuff back, hoping it’ll stay fresh for the book, and then suffer death by a thousand little cuts. Such is the case of today’s NYT story on Google’s Founders Awards, which I discussed with Sergey a while back.
The idea is neat: reserve millions of dollars in value for teams of people within Google who make major contributions to the success of the company. Basically, Google wanted to create a culture within the company that rewards people on par with the returns someone receives when they start a successful company, then sell it – to a company like Google, for example. I think it’s innovative and rather bold – an acknowledgment that Google is maturing, but still committed to the kind of upsides that Valley startups are all about.
BTW, Google reports earnings today.
OK, back to the final chapter.