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.
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