I just finished reading "Inside Larry and Sergey's Brain" after keeping it on my desk for almost 6 weeks. I should admit that I am totally impressed by the way all the information is structured.
I have been following news about Google for the last 3-4 years but I noticed that I wasn't aware of the details behind the scene. This book covers their passion about data mining, their entrepreneurial skills and their goal to create a better world.
Larry and Sergey's holdings in Google
Today's news on Wall Street Journal:
Under the trading plan, the co-founders would reduce their combined holdings in Google from about 57.7 million common shares, or approximately 18% of outstanding capital stock, to 47.7 million shares, or about 15% of the company, according to the U.S. Securities and Exchange filing.
Under the stock trading plan, adopted on Nov. 30, 2009, the two would also reduce their combined voting shares from 59% to about 48%, the filing said.
Maybe it's just my ignorance but I have never seen another company this big where the founders still have more than 50% of the voting shares. Sergey and Larry have so much power in their hands and there is no reason for them to think small. They probably have a business plan for 100 years to create a better world. I believe that in 100 years, the world will complete its transformation and it will become functioning as huge company where Google will be the owner providing latest technologies to the world for free.
Did you know?
- In 2008, Sergey made a $5,000,000 investment in a Virginia company called Space Adventures.
- Google has its own renewable energy R&D group, complete with energy experts and engineers to work on the solar thermal power, wind power and geothermal energy.
My favorite quote
My parents thought me that many of the great scientists throughout time succeeded because they ignored conventional wisdom and followed their own instincts. I now realize that entrepreneurship is no different. The people who break the current orthodoxy make others uncomfortable. And they are also the ones who change the world.
