Bloomberg: Google’s Acquisitions Chief Looking for `Really Crazy’ Ideas.
“We look at everything very carefully,” Salman Ullah, Google’s director of corporate development, said yesterday in a speech at a meeting of the Los Angeles Venture Association. “The really crazy ones do really well.”
Google, owner of the most-popular Internet search engine, has about 15 people working on acquisitions that meet with dozens of companies a week, Ullah said. Mountain View, California-based Google responds to every e-mail pitching a company, while phone calls have a 10 percent response rate, he said. …
…In the past Google has also used a technique called Monte Carlo analysis to size up a deal, where computer algorithms are used to answer questions.