Re:Google blew it with open source layoffs
by sokoloff on Saturday May 20, 2023 @08:21PM
(#36016816)
He’s presided over a CAGR of the shares of nearly 20%. That’s a success that the board, representing the shareholders, cares a great deal about.
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Yes, but what was the growth in similar companies? What if we compare GOOG to MSFT and a few others?
I see a lot of missed opportunities and wasted potential.
That was from the lock-down sea that lifted all the boats , pretty much every tech company on the planet thrived during that period.
It was a CAGR of over 21% for his first 4 years (all pre-pandemic). Don’t get thrown off looking at a linear chart. On a semi-log chart, you can see the performance was strong throughout and even somewhat stronger pre-COVID.