Comments on: Google’s reign of terror over Valley workforce coming to end? http://venturebeat.com/2006/12/13/googles-reign-of-terror-over-valley-workforce-coming-to-end/ News About Tech, Money and Innovation Mon, 23 Nov 2009 07:11:08 +0000 http://wordpress.org/?v=2.8.5 hourly 1 By: Testing... http://venturebeat.com/2006/12/13/googles-reign-of-terror-over-valley-workforce-coming-to-end/comment-page-1/#comment-7711 Testing... Wed, 24 Jan 2007 00:34:09 +0000 http://venturebeat.com/2006/12/13/googles-reign-of-terror-over-valley-workforce-coming-to-end/#comment-7711 Just testing Just testing

]]> By: Boris Epstein http://venturebeat.com/2006/12/13/googles-reign-of-terror-over-valley-workforce-coming-to-end/comment-page-1/#comment-7305 Boris Epstein Tue, 19 Dec 2006 06:19:13 +0000 http://venturebeat.com/2006/12/13/googles-reign-of-terror-over-valley-workforce-coming-to-end/#comment-7305 I have 2 years of experience recruiting directly against Google and it has not been easy. But as tough as it's been to get people to join another company and turn down a Google offer (this happens more than you think), it's been absolutely impossible to get somebody to leave Google. It just doesn't happen (believe me, I've tried) But it will get easier. I predict that by the end of 2007, the market will begin to see a flow of talent trickling out of Google. It will mostly be the newbie googlers who will realize that they joined a company for the hope of striking it rich - but they will realize that they missed the real boat by about 3 years and are meanwhile missing out on the opportunity to truly make an impact elsewhere. Boris Epstein BINC Founder www.bincsearch.com I have 2 years of experience recruiting directly against Google and it has not been easy. But as tough as it’s been to get people to join another company and turn down a Google offer (this happens more than you think), it’s been absolutely impossible to get somebody to leave Google. It just doesn’t happen (believe me, I’ve tried)

But it will get easier. I predict that by the end of 2007, the market will begin to see a flow of talent trickling out of Google. It will mostly be the newbie googlers who will realize that they joined a company for the hope of striking it rich – but they will realize that they missed the real boat by about 3 years and are meanwhile missing out on the opportunity to truly make an impact elsewhere.

Boris Epstein
BINC Founder
http://www.bincsearch.com

]]> By: The Web War » Leaving Google http://venturebeat.com/2006/12/13/googles-reign-of-terror-over-valley-workforce-coming-to-end/comment-page-1/#comment-7304 The Web War » Leaving Google Tue, 19 Dec 2006 06:08:50 +0000 http://venturebeat.com/2006/12/13/googles-reign-of-terror-over-valley-workforce-coming-to-end/#comment-7304 [...] This article written by Matt Marshall of Venture Beat is brutally true.  Google has been dominating the world of software recruiting for the past 2 years.  I have two years of experience recruiting directly against Google and believe me, it’s been far from a picnic.  The candidates that we represented typically received offers from the big 3 web giants - Google, Yahoo and Microsoft.  After working through this scenario on several occassions, we found that people went to Google for the money, Yahoo for the culture and Microsoft for the technical challenge. [...] [...] This article written by Matt Marshall of Venture Beat is brutally true.  Google has been dominating the world of software recruiting for the past 2 years.  I have two years of experience recruiting directly against Google and believe me, it’s been far from a picnic.  The candidates that we represented typically received offers from the big 3 web giants – Google, Yahoo and Microsoft.  After working through this scenario on several occassions, we found that people went to Google for the money, Yahoo for the culture and Microsoft for the technical challenge. [...]

]]> By: tomo http://venturebeat.com/2006/12/13/googles-reign-of-terror-over-valley-workforce-coming-to-end/comment-page-1/#comment-7278 tomo Sun, 17 Dec 2006 09:21:20 +0000 http://venturebeat.com/2006/12/13/googles-reign-of-terror-over-valley-workforce-coming-to-end/#comment-7278 most employee stock options vest over time. typically four years total for each grant with a 25% cliff at month 13 and then monthly thereafter. the interesting issue which wasn't addressed is what happens if the employee quits, gets fired, dies, etc prior to vesting those options which he sold? where are the shares going to come from when the call comes due? most employee stock options vest over time. typically four years total for each grant with a 25% cliff at month 13 and then monthly thereafter.

the interesting issue which wasn’t addressed is what happens if the employee quits, gets fired, dies, etc prior to vesting those options which he sold? where are the shares going to come from when the call comes due?

]]> By: Jitendra http://venturebeat.com/2006/12/13/googles-reign-of-terror-over-valley-workforce-coming-to-end/comment-page-1/#comment-7242 Jitendra Fri, 15 Dec 2006 01:30:36 +0000 http://venturebeat.com/2006/12/13/googles-reign-of-terror-over-valley-workforce-coming-to-end/#comment-7242 Very interesting...but doesn't it take away the rationale that companies have been providing that stock options are for incentivizing employees. And I guess it finally takes the air out the argument that stock options cannot be expensed as they are too hard to value appropriately... Overall this is a visionary move by Google and I am looking forward to how its gonna fare as a retention tool. Very interesting…but doesn’t it take away the rationale that companies have been providing that stock options are for incentivizing employees. And I guess it finally takes the air out the argument that stock options cannot be expensed as they are too hard to value appropriately…

Overall this is a visionary move by Google and I am looking forward to how its gonna fare as a retention tool.

]]> By: Everton Blair http://venturebeat.com/2006/12/13/googles-reign-of-terror-over-valley-workforce-coming-to-end/comment-page-1/#comment-7216 Everton Blair Thu, 14 Dec 2006 13:20:44 +0000 http://venturebeat.com/2006/12/13/googles-reign-of-terror-over-valley-workforce-coming-to-end/#comment-7216 Sachin - I doubt that's the case, as in that scenario you would only sell the option today if you think you'll be 'out of the money' in Jan 08, rather than being able to cash in early. Sachin – I doubt that’s the case, as in that scenario you would only sell the option today if you think you’ll be ‘out of the money’ in Jan 08, rather than being able to cash in early.

]]> By: Startups.in/India http://venturebeat.com/2006/12/13/googles-reign-of-terror-over-valley-workforce-coming-to-end/comment-page-1/#comment-7208 Startups.in/India Thu, 14 Dec 2006 00:39:14 +0000 http://venturebeat.com/2006/12/13/googles-reign-of-terror-over-valley-workforce-coming-to-end/#comment-7208 Obviously this is to benefit those who already have vested shares but are under water. But still without this program there is a chance that the employees might stick a bit longer in hope that some day they might profit. But with this program employees no longer need to stick around. Obviously this is to benefit those who already have vested shares but are under water. But still without this program there is a chance that the employees might stick a bit longer in hope that some day they might profit. But with this program employees no longer need to stick around.

]]> By: Sachin Maheshwari http://venturebeat.com/2006/12/13/googles-reign-of-terror-over-valley-workforce-coming-to-end/comment-page-1/#comment-7205 Sachin Maheshwari Wed, 13 Dec 2006 23:31:16 +0000 http://venturebeat.com/2006/12/13/googles-reign-of-terror-over-valley-workforce-coming-to-end/#comment-7205 If these are options then they are invalid as soon as you leave the company. So the question of cashing out the remaining options before leaving is moot. I am surprised how this scheme works though. Does one need to stick around with the company till Jan 08 if I sell options on this market for Jan 08? If these are options then they are invalid as soon as you leave the company. So the question of cashing out the remaining options before leaving is moot.

I am surprised how this scheme works though. Does one need to stick around with the company till Jan 08 if I sell options on this market for Jan 08?

]]> By: Startups.in/India http://venturebeat.com/2006/12/13/googles-reign-of-terror-over-valley-workforce-coming-to-end/comment-page-1/#comment-7195 Startups.in/India Wed, 13 Dec 2006 18:12:31 +0000 http://venturebeat.com/2006/12/13/googles-reign-of-terror-over-valley-workforce-coming-to-end/#comment-7195 Interesting! But I wonder if it'd help increase retention or speed up attrition!? :) Unless I'm missing something, wouldn't it also facilitate those employees wanting to leave, to just sell them in this auction market and make some bucks rather than having to wait in hope for their options to be any worth 10 years down the lane? Interesting! But I wonder if it’d help increase retention or speed up attrition!? :)
Unless I’m missing something, wouldn’t it also facilitate those employees wanting to leave, to just sell them in this auction market and make some bucks rather than having to wait in hope for their options to be any worth 10 years down the lane?

]]> By: Nate http://venturebeat.com/2006/12/13/googles-reign-of-terror-over-valley-workforce-coming-to-end/comment-page-1/#comment-7194 Nate Wed, 13 Dec 2006 18:11:55 +0000 http://venturebeat.com/2006/12/13/googles-reign-of-terror-over-valley-workforce-coming-to-end/#comment-7194 Hate to be so pissy with you, but since when are you a qualified technical stock analyst? You can't infer that there are "strong signs it may stall going forward" just by looking at that graph. In May you would have had to infer that there were "strong signs GOOG won't exist in a few months". I don't know where GOOG is going and neither do you or anyone else that's involved. We can only have *qualified* opinions, more or less sophisticated than the Goldman Sachs' opinion or that of the guy down the street. I'll choose more sophisticated than a screenshot of Google Finance. Full disclosure: I'm long GOOG. Hate to be so pissy with you, but since when are you a qualified technical stock analyst?

You can’t infer that there are “strong signs it may stall going forward” just by looking at that graph. In May you would have had to infer that there were “strong signs GOOG won’t exist in a few months”.

I don’t know where GOOG is going and neither do you or anyone else that’s involved. We can only have *qualified* opinions, more or less sophisticated than the Goldman Sachs’ opinion or that of the guy down the street.

I’ll choose more sophisticated than a screenshot of Google Finance.

Full disclosure: I’m long GOOG.

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