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Why Eric Schmidt Left As CEO of Google?

Edsj writes "According to The New Yorker: 'Schmidt, according to associates, lost some energy and focus after losing the China decision. At the same time, Google was becoming defensive. All of their social-network efforts had faltered. Facebook had replaced them as the hot tech company, the place vital engineers wanted to work. Complaints about Google bureaucracy intensified. Governments around the world were lobbing grenades at Google over privacy, copyright, and size issues. The “don’t be evil” brand was getting tarnished, and the founders were restive. Schmidt started to think of departing. Nudged by a board-member friend and an outside adviser that he had to re-energize himself, he decided after Labor Day that he could reboot. He couldn't.'"

42 of 378 comments (clear)

  1. Not the most flattering portrayal... by MoonBuggy · · Score: 3, Interesting

    So basically what they're saying is "Eric Schmidt is pro-evil".

    1. Re:Not the most flattering portrayal... by Carewolf · · Score: 4, Insightful

      Because everybody is a corporation?(!)

      Corporation as a construct are intended to behave in psychopathic manors. Most people on the other hands are not psychopaths,

    2. Re:Not the most flattering portrayal... by postbigbang · · Score: 4, Interesting

      No, the whole thing is a PR sham to make you believe that the change doesn't mean anything. Now, the 'good guys' are back in charge.

      Puhleeze.

      This is an over-capitalized corporation trying to convince the world that the stock price is ok, don't sell, don't short, believe in the magic, etc.

      Speculation about Schmidt's change is pretty meaningless. He left Sun. He left Novell. Now he's in semi-retirement at Google.

      Next.

      --
      ---- Teach Peace. It's Cheaper Than War.
    3. Re:Not the most flattering portrayal... by Joren · · Score: 5, Funny

      Because everybody is a corporation?(!)

      Corporation as a construct are intended to behave in psychopathic manors. Most people on the other hands are not psychopaths,

      Then that's a problem, because with the economy as it is I don't think we have the resources to design and build psychopathic manors large enough to house each corporation. Plus, the work required to ensure that each manor was sufficiently psychopathic... nevermind the environmental impact statements...

      --
      -- Joren
    4. Re:Not the most flattering portrayal... by marcello_dl · · Score: 3, Funny

      > Most people on the other hands are not psychopaths.

      I see what you just did to paranoids fearing a mutants` invasion, you 3+ handed monster!

      --
      ---- MISSING MISCELLANEOUS DATA SEGMENT --- [sigdash] trolololol
    5. Re:Not the most flattering portrayal... by Anonymous Coward · · Score: 5, Funny

      Now he's in semi-retirement at Google.

      This beta nonsense is getting out of hand. Can't they complete anything?

    6. Re:Not the most flattering portrayal... by postbigbang · · Score: 3, Insightful

      I'm not hating at all. You're swallowing the kool-aid of an enormous post-clash push to give the public the concept that Schmidt's departure as CEO is a good thing.

      Larry Page has little identity, where Schmidt was the 'face' of most of Google's public posture. Schmidt is gone, and now we're being fed stories about what he should do, how cool his stripes are, a few stories about his $200M yacht (just so that we know he can do Paul Allen stuff) and so on.

      Every time Google's stock price drops, there are lots of institutional investors that look at that, and ponder whether to leave or not. Jobs leaving when he did, was bolstered by what Hunter Thompson would call, KING HELL EARNINGS REPORT so as to buoy Apple's stock. This is ALL ABOUT keeping that stock price hopping, and doing damage control. There's no hate in what I say, rather the observation of the facts.

      --
      ---- Teach Peace. It's Cheaper Than War.
    7. Re:Not the most flattering portrayal... by Culture20 · · Score: 3, Insightful

      "there wasn't enough food to go around" there still not enough, don't believe me as you local food bank volunteer.

      sure there is. It's just not getting around before it goes bad or is destroyed. Thanks for helping make sure it gets distributed.

    8. Re:Not the most flattering portrayal... by Omestes · · Score: 5, Insightful

      Efficiency often has a moral trade off. Why have 5 men do the work if it can be done by one robot? The robot will save money and be more efficient at the expense of giving 5 people work. If the company decided not to be efficient it would shortly fail to be competitive.

      It would be vastly more efficient for me to shoot my neighbor and take his food, than have to go to work every day to earn my food. It would be vastly advantageous to me to run around raping women, than having to spend the time and resources to woo one in the traditional way.

      These are sociopathic statements, when stated by an individual, but are valid corporate logic. It is more efficient to lay off 90% of my workforce, than to pay them a living wage. It is more advantageous to screw over 3rd world countries to sell fruit or designer water to American and Europeans, than it would be to have an ethical policy and treat people fairly.

      --
      A patriot must always be ready to defend his country against his government. -edward abbey
  2. Schmidt to replace Steve Jobs by Anonymous Coward · · Score: 5, Interesting

    You heard it here first.

    1. Re:Schmidt to replace Steve Jobs by HateBreeder · · Score: 5, Interesting

      Seeing as he is/was in apple's board of directors, that's not so far fetched.

      --
      Sigs are for the weak.
    2. Re:Schmidt to replace Steve Jobs by oiron · · Score: 5, Informative

      He resigned, partly over conflicts of interest regarding Android. If he did take up Apple again, presumably he'd have to resign as Executive Chairman of Google for the same reason...

    3. Re:Schmidt to replace Steve Jobs by UnknowingFool · · Score: 4, Insightful

      I don't think Schmidt would become CEO of Apple. It would be hard for Apple to replace Jobs. Though Jobs was never technical, there were a few characteristics about Jobs made Apple was it is today. (1) The demand of perfection. Jobs is maniacal about perfection in Apple products. To be fair, Jobs is probably an asshole in real life as many stories suggest, but he has always expected that Apple build really good products. I don't see that desire from Schmidt. (2) Clear vision and strategy. I don't know whether it is his ideas or his staff that formulates the strategy, but Apple has been right more than they've has been wrong about the direction of technology. If we look back here on slashdot, many of the moves Apple made were ridiculed when first announced but seem as brilliant in hindsight (retail stores, music store, etc). I don't see Schmidt as someone who has that vision. At best he's good at managing people.

      --
      Well, there's spam egg sausage and spam, that's not got much spam in it.
  3. Got to love a privately owned public company by A+beautiful+mind · · Score: 3, Insightful

    As far as I know the share structure of Google gives enough voting rights to the founders to retain absolute control even with a minority of the shares.

    --
    It takes a man to suffer ignorance and smile
    Be yourself no matter what they say
    1. Re:Got to love a privately owned public company by Anonymous Coward · · Score: 5, Informative

      Actually you can't. You can only sue them claiming they are not acting in accordance with the company bylaws. Google's bylaws allow for significant activity that is not in the benefit of, or might even be contrary to, the economic benefit of its shareholders. If the shareholders don't like that they shouldn't have bought the stock.

    2. Re:Got to love a privately owned public company by Amorymeltzer · · Score: 3, Funny

      As far as I know the share structure of Google gives enough voting rights to the founders to retain absolute control even with a minority of the shares.

      Hey, no complaining. If it's good enough for Bruce Wayne and Wayne Enterprise it's good enough for Page/Brin and Google.

      --
      I live in constant fear of the Coming of the Red Spiders.
    3. Re:Got to love a privately owned public company by swillden · · Score: 3, Interesting

      I think "We're acting in accordance with the goals outlined in our articles of incorporation, with which stockholders indicated their concurrence when they bought the stock" is pretty much an ironclad defense, unless said stockholders can prove that the corporation's actions are not in fact in accordance with the defined goals.

      The fact that most corporations' articles of incorporation specify profit as their primary goal doesn't mean all of them have to, and Google's don't.

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    4. Re:Got to love a privately owned public company by swillden · · Score: 3, Insightful

      I'm not an attorney, but all I can say is that sounds like utter nonsense to me.

      What about companies that are specifically set up to do "green" business? Are you telling me that if they then choose environmentally-friendly manufacturing processes that are much more expensive and therefore barely provide a profit margin over non-green processes that would provide a much better shareholder return, that the shareholders can sue them for doing precisely what the company was established to do, and what the shareholders were made aware of before they bought shares?

      Your argument is basically that the defined and documented goals of the corporation are meaningless. I don't buy it.

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      Note to ACs: I usually delete AC replies without reading them. If you want to talk to me, log in.
  4. well then good by circletimessquare · · Score: 3, Interesting

    don't let the door hit you in the ass on the way out, mr. schit

    sergey brin emigrated to the usa at age 6 from russia. it is my understanding his strong anti-censorship views comes from what his parents imparted on him from their experience in the totalitarian ussr

    so good for you mr. brin, bless you. maybe google can be a force for good in this world and not a data abusing behemoth like facebook as long as you draw breath

    --
    intellectual property law is philosophically incoherent. it is your moral duty to ignore it or sabotage it
  5. Sounds like they made the right choice then by PPalmgren · · Score: 3, Insightful

    A CEO getting butthurt over not following something in their company core values shouldn't be running that company. Not everything can be easily quantifiable by dollars and cents, but you can bet your ass that that corporate philosophy has made them money over the years. Schmidt is short sighted.

    1. Re:Sounds like they made the right choice then by PPalmgren · · Score: 3, Interesting

      A majority of Google's business model relies on an open and free internet. Censorship and government control pass the decision-making on what product the use from the consumers to government authorities. To play in to that philosophy is the beginning of the end of Google.

      Also, their stance gives them a selling point and differentiator in their domestic market. There are significant benefits for their decision that do not comprimise the core company values, thus hurting the identity of the company. When the scales are even, you go with the gold not the gamble.

  6. Submitter is wrong about "don't be evil" by emurphy42 · · Score: 5, Interesting

    or at least not clearly right. Context from TFA:

    Schmidt, according to associates, lost some energy and focus after losing the China decision. At the same time, Google was becoming defensive. All of their social-network efforts had faltered. Facebook had replaced them as the hot tech company, the place vital engineers wanted to work. Complaints about Google bureaucracy intensified. Governments around the world were lobbing grenades at Google over privacy, copyright, and size issues. The “don’t be evil” brand was getting tarnished, and the founders were restive. Schmidt started to think of departing.

    This doesn't mean that Schmidt wanted to move away from "don't be evil", he may have just been worn out from trying to uphold it for as large and diverse a company as Google is.

  7. Why Eric Schmidt Left As CEO of Google? by Wonko+the+Sane · · Score: 5, Funny

    Why lolcats added to headline proofreading department?

    1. Re:Why Eric Schmidt Left As CEO of Google? by Kenshin · · Score: 4, Funny

      Because it's cheaper than outsourcing to India.

      --

      Does it make you happy you're so strange?

  8. Good track record by Animats · · Score: 5, Insightful

    10 years as CEO of a Fortune 500 company isn't a bad record. The average is 6.5 years. Schmidt leaves with Google much larger than when he started, profitable, and in good condition. He's done far better than the CEOs of most of the Fortune 500 in the last decade.

    1. Re:Good track record by phantomfive · · Score: 3, Interesting

      Not only that, I object to the characterization of Facebook as a better place to work that Google. Facebook might be nice if you want to pretend you're still in a college frat house with toys and a full bar. That kind of thing appeals to college students (including me when I was in college), but if you're the type of programmer who wants to work at a place where you can do interesting programming things, Google is WAY better than Facebook.

      Google has a lot of interesting projects going on, with 20% (somewhat) discretionary time, but Facebook has a single website that I almost wish didn't exist. No question where I'd rather work.

      --
      "First they came for the slanderers and i said nothing."
    2. Re:Good track record by PCM2 · · Score: 4, Interesting

      Not only that, I object to the characterization of Facebook as a better place to work that Google.

      Yeah, I think someone's been doing a few too many lunches with Facebook reps. I've never heard this one. To be perfectly honest, the one company I still hear "vital engineers" talk about working for (if they can't work at Google) is Microsoft. /.ers may hate Microsoft on principle, but where else could you go and end up working on .... well, you name it. Look at all the stuff coming out of Microsoft Research, even if it's never productized. An engineer who goes to work for a start-up might get to work on one really interesting idea, for stock options. An engineer who goes to Microsoft and gets disillusioned with one idea can get transferred to another one and still keep seniority and a highly competitive compensation package. Facebook? It might have a big valuation, but it sounds like just another Web start-up to me -- a few opportunities for engineers, but a lot more for marketing types and other "visionaries."

      --
      Breakfast served all day!
  9. Re:The other side of the coin by MoonBuggy · · Score: 4, Insightful

    They had the choice of obeying China's laws or being shut down, and they were shut down. I see where you're coming from, but it's not like they wilfully tried to continue running while breaking the law, or attempted to hide what they were doing - they were open about their position, and China responded. To say they were ignoring the laws implies (to me, at least) that they were trying to get away with doing so, rather than making a direct and public stand. Agree with it or not, that's the difference between crime and civil disobedience.

  10. Re:The other side of the coin by khallow · · Score: 4, Insightful

    I viewed the China censorship affair as a large corporation ignores a country's laws because it was powerful enough to be above the government.

    Another deluded fool thinks a business is more dangerous than a authoritarian state. The current government of China is a long term threat to the freedom of the world in a way that no mere business can ever be.

  11. Re:The other side of the coin by CodeBuster · · Score: 4, Insightful

    Governments are far more dangerous than corporations. Governments have the power to deprive you of your life, liberty or property...literally. The governments have the armies and the guns, remember? In fact, since we are on the subject of China, wasn't it Mao Zedong who said that, "Political power flows from the barrel of the gun"? Indeed, I am often frustrated by those who fail to grasp the irony of advocating for more government power to regulate individual economic activities without realizing that those same powers invariably destroy the individual liberties and freedoms which they claim they want to protect and preserve. They cannot have it both ways. They are either being disingenuous, as those with an anti-freedom progressive agenda often are, or naïve or both. As much as I distrust the motivations of some corporations I distrust governments even more . So I view Google's defiance of the Chinese government as a victory for freedom and individual liberty. In my opinion the governments of the world need to be taken down a notch or two, if only to remind them that it is the people who are sovereign, not the governments elected by them. Too much government control, too much nanny state and too much power over people's lives is the real danger. Those who continually seek to enhance the power of the state over the individual should be careful what they wish for; they might actually receive it and if they do, they will deserve it.

  12. Facebook: Hot Tech Company — Explain??? by foobsr · · Score: 3

    From TFS: "Facebook had replaced them as the hot tech company, the place vital engineers wanted to work."

    Could someone explain?

    CC.

    --
    TaijiQuan (Huang, 5 loosenings)
    1. Re:Facebook: Hot Tech Company — Explain??? by mysterons · · Score: 5, Informative

      --stock options: Facebook is/was pre-IPO. If you want to get rich as an engineer you would work there. You will never get that rich at Google.

      --freedom: Google is a large company and it is hard to get stuff done. Facebook is small.

      --Google is perceived as no longer being the place where the best work.

  13. Re:Summaries Changing Drastically by TaoPhoenix · · Score: 3, Funny

    Wait, so we can't change our posts but they can change the summaries!
    YRO!

    --
    My first Journal Entry ever, in 8 years! http://slashdot.org/journal/365947/aphelion-scifi-fantasy-horror-poetry-webzine
  14. Re:The other side of the coin by bmo · · Score: 5, Insightful

    Governments have the power to deprive you of your life, liberty or property...literally.

    So do corporations.

    C.f., the Banana Wars and the United Fruit Company, and the "privatization" of the Iraq war. Oh, and let's not forget the US railroads in the 19'th century. Among other things.

    I love how you guys try to absolve corporations of their sins. The doublethink in your head must be nearly crippling.

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    BMO

  15. Re:The other side of the coin by The+End+Of+Days · · Score: 3, Informative

    No one is forced to support a corporation, whereas governments rule through coercive force. I know that doesn't sink into you anti-corporation people too well, but since most of your views are founded on poor understanding of reality in the first place, I don't worry too much about that.

  16. I don';t think so.... by eples · · Score: 3, Informative

    the place vital engineers wanted to work

    Leave Google to go work on PHP spaghetti code? Puhleese.

    Maybe people have left Google, but show us the numbers. I highly doubt they went to FACEBOOK.

    --
    I'm a 2000 man.
  17. Re:The other side of the coin by Darundal · · Score: 3, Insightful

    No, you can avoid a monopoly by going without it's services or products. You might end up either slightly inconvenienced, or living like a cave man, or dieing from some horrible disease because said monopoly makes some drug that you need to not die slowly and painfully, but you can avoid it. Think "Matrix" with this. As long as you technically have a choice, it is all good and wholly acceptable. The second you don't, there are issues. Of course, some of us live in the real world. Where "I can technically disassociate myself from these bastards" doesn't really work out to much of a choice.

  18. Pray tell by Chicken_Kickers · · Score: 4, Insightful

    Sigh. Not this shit again. Is China the evil villain now? I wasn't paying attention to Faux News. I am still at EyeRaan as the Axis of Evil chapter. In my non-American view, the US is the short, medium and long term threat to freedom in the world. The last global economic meltdown originated from there. The most Draconian laws (copyright, intellectual property laws, RIAA etc.) emanates from America. America can and did invade any country it likes on any pretense and get away with it. It can kidnap, imprison without trial and torture anyone regardless of nationality and get away with it. It has nuclear, chemical and biological weapon stockpiles that at any moment could fall into the hands of Sarah Palins and their ilk. It has mercenary fanatical soldiers who will carry out any order, even shooting civilians in cold blood. And worst of all, Americans still believe that they are the good guys. This belief is what scares me. Historically, China on the other hand had not much interest in the outside world other than the buffer zones around it. China want to become a world player but from what I have seen, it does not want to become the world police, judge and executioner.

    1. Re:Pray tell by grcumb · · Score: 3, Interesting

      Of all of your idiotic claims about the US, only one holds water, that the global meltdown started in the US. But bad crises and wars start somewhere, you can't blame based on where they start. For example, the Second World War started in Poland and the First World War started in Serbia. So are Poland and Serbia responsible for their respective world wars?

      Points of fact that doesn't serve your argument very well:

      WWI was precipitated by the assassination of the Archduke Franz Ferdinand, heir to the Austro-Hungarian Empire. The war was started when an empire in decline decided to exert its will upon a state it had annexed and occupied for some years.

      So, in truth, the lesson to be drawn here is that empires in decline should be wary of unbottling very powerful genies when they try to act in their declining years as they did in their prime. Kind of supports the GP's argument more than yours, I'm afraid to say.

      WWII was started, not by Poland, but by Germany in its attempt to build an empire for itself. Here, the parallels are stronger between the US' recent bellicosity and Germany's. In both cases, we see unprovoked attacks against a strategically useful but virtually defenseless nation, resulting in tragic consequences, both the the aggressor and the defender. Yet again, an object lesson again that speaks more to the GP's point than yours.

      --
      Crumb's Corollary: Never bring a knife to a bun fight.
  19. Re:So CEOs... by MagusSlurpy · · Score: 3, Insightful

    They, to paraphrase, "lose some energy and focus" when they do not get their way. Interesting way to put that.

    That really describes everyone. I often "lose some energy and focus" when my boss tells me to change the way I am tackling a problem, because he doesn't think the same way I do.

    --
    My sister opened a computer store in Hawaii. She sells C shells by the seashore.
  20. "How many divisions" by mangu · · Score: 4, Informative

    Governments have the power to deprive you of your life, liberty or property...literally.

    So do corporations.

    For a corporation to do that, two conditions must be met first:

    1) there must exist a government
    2) that government must be corrupt

    Without a corrupt government, corporations do not have the powers you mention.

    Without any government at all, let's say as happens in some parts of Africa, no corporations exist.

  21. Nobody has spotted the obvious by dbIII · · Score: 4, Interesting

    Google's PR problems started at the same time that Rupert Murdoch's NewsCorp saw them as a serious competitor for the advertising dollar. That is why "Governments around the world were lobbing grenades at Google" after Murdoch went around the world talking to governments about the evils of the net and most likely calling in favours. Even the streetview wireless thing was really a non-event until it was blown way out of proportion by the Murdoch press.