New Rumors Are Whacked. Co-Founders Larry Page and Sergey Brin Doing Great Job.
Are the three smart, talented and wealthy guys at the top of the Google food chain ready to move on?
That's the speculation as CEO Eric Schmidt gabs on Rachel Maddow's show on MSNBC about bailouts for automakers and Citigroup, and talks elsewhere how the government should invest in technology, and Larry Page and Sergey Brin talk about green energy or anything else except how to goose Google's market capitalization.
For Schmidt, it could be time to go, says Technology, Media, and Telecom Analyst. The CEO raised revenues to $20 billion in 2008 from $86 million in 2001. Hard cash is now at $14 billion compared to $100 million seven years ago as well.
Silicon Alley Insider, claiming no insider knowledge, leans toward a changing of the guard as well. With a spiraling economy and scrambling for the next product to drive the next spurt of growth, Google leadership needs the same intense energy and focus that it had to became the online advertising behemoth it is today. Silicon Alley said it wouldn't be surprised if Eric or all three step away from a day-to-day operating role next year to do other, easier things, like save the planet.
And the obvious, terrifying perhaps, question for workers and shareholders alike, will be who will step into the visionary roles needed?
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