Richard L. Brandt’s latest book, Inside Larry & Sergey’s Brain, presents a portrait of Larry Page and Sergey Brin that helps the reader understand what may have motivated the company to initially enter China by accepting some level of censorship. Although the book was published prior to Google’s recent announcement, we can draw some important insights regarding the way Google’s founders think about the issue of doing business in China. Perhaps more importantly, the book also allows the reader to glimpse into the psyche of the founders and draw some conclusions regarding entrepreneurship in general. For anyone investing in early stage companies, the insights are invaluable. Read this article for a review of the book.
In the brief video clip shown in this article, Google CEO Eric Schmidt talks about how technology impacts the lives of younger people and whether the overall quality of education will be improved or hurt by instant access to information.
As the Wall Street Journal reminds us today, in early 2009 Google re-priced a large number of options at much lower strike prices. 7.6 million options with an average strike price of $522 were exchanged for an equivalent number exercisable at $308.57. This narrowly missed the low for the year of $282.75. Google now trades at just under $600. Is this consistent with Google’s pledge to “do no evil”?
As investors, most of us rely heavily on professional journalists who are paid to uncover breaking stories on the economy and individual companies. In addition to reading direct sources of information on companies, access to quality journalism can often influence investment decisions. From a broader standpoint, high quality journalism is also necessary for maintenance of a free society.
The question of when “news syndication” becomes outright theft will be a defining issue of the next decade and will determine whether a viable economic model exists for professional journalism. Read this article for more details.
Ken Auletta is apparently a brave author given his willingness to write about a story where the ending is still very much unfinished in Googled: The End of the World as We Know It. Mr. Auletta provides a great deal of insight regarding Larry Page and Sergey Brin, Google’s founders, along with a good description of Google’s meteoric rise over the past decade. However, the more interesting aspect of the narrative involves the insights provided by Mr. Auletta and many technology leaders who are quoted extensively throughout the book. Read this article for more details.