Wednesday 26 August 2015
Google's creation of Alphabet reminds startups of an important lesson: Focus - Jim Scheinman
As a small startup, that was relatively easy for Google: be the best search engine. But as the company grew, it became increasingly difficult to remain focused on the core business, especially when the founders started to pay more attention to sexier opportunities like self-driving cars, virtual reality, and space travel. Splitting the company into separate divisions with distinct leadership will enable Google to stay focused on the core search business, which is driving the bulk of revenue, while branching out to explore new future paths to success. It's a great example of why we remind our startups to remain focused.