Why Google won't create the next Twitter or Facebook or Posterous
scobleizer.posterous.com
scobleizer.posterous.com
Most large companies correctly believe that the capital required to create a new phenomenon from the ground up would be too expensive than to simply buy it once one looks promising. The number of startups and capital expended just to create such a phenomenon (a big phenomneon, not mediocre in the grand scheme of things) is huge, so acquisitions are a good deal.
You are here to learn the subtle science and exact art of programming. I don't expect you will really understand the beauty of the softly simmering data model with its shimmering algorithms, the delicate power of liquids that creep through data streams, bewitching the mind, ensnaring the senses ... I can teach you how to bottle fame, brew glory, even stopper death -- if you aren't as big a bunch of dunderheads as I usually have to teach.
Google acquires startups that they think are interesting. Maybe they can have it both ways to a certain degree.
You can argue that Google's products lack the personality of startups, or that Google hasn't excelled in social applications, but taking a quote, bringing up successful startups, and then saying -- i heard that at microsoft therefore google is microsoft -- is absurd.