Eric Schmidt: "Google buys a startup once every few days"

centernetworks.com

14 points·Sam_Odio··6 comments

Yes, I noticed that same line too from the original eweek article linked here. That was the most interesting line in the whole article, but the eWeek article spent more time regurgitating the price of YouTube and DoubleClick, something that has been covered a billion times already.

Hiring is obsolete. Google knows it. Why sift through 100349234 resumes for one job when you could just get some technology and great people?

Hiring's only obsolete while the stock market remains inflated and the cash keeps piling up. Come next recession, the deals will dry up like the Sahara.

Then again, come next recession, hiring will likely dry up too. So maybe hiring is obsolete.

The way Google does it, it's almost hiring, just with slightly bigger starting bonuses, and a different interview process. None of the normal trappings of acquisitions (integrations and fuck-you money spring to mind) are there.

"Google buys a startup once every few days"

yeah, if "few" is 40+ days.

Only 9 acquisitions in 2006, 5 so far in 2007: http://en.wikipedia.org/wiki/List_of_Google_acquisitions

I think we've been through this in previous threads: that list only covers acquisitions which were high-profile enough to get media coverage, or which were high-dollar enough to be itemized on Google's quarterly report. That only makes up a small portion of them.

Reply on news.ycombinator.com