youssifa
To someone in the Silicon Valley bubble comparing a PMM role at Google to a PMM role at Uber or Airbnb, it may be difficult to see the real value of Google on a resume.
However, to most people in the world those roles are all opportunities of a lifetime. If you look at my peers in every job I've held since working at Google and treated Google as a neutral company (i.e. not having any real career boosting value), I would have been by far the least qualified individual in many of those roles. Having Google on my resume landed me interviews and job offers I would not otherwise have gotten.
It also suggests a credibility to employers in the non-engineering world because many believe that an employee at Google must be super intelligent and highly competent. Believe it or not, I'd venture to say that this is more so true outside of Silicon Valley (where Google isn't as common of a former employee among job applicants) than inside. But I think it boosts your career prospects either way.
The key, like most things in life, is how the individual chooses to leverage the name recognition on their resume and supplement that experience with other experiences.
Source: lived in Michigan 22 years
Google may not directly profit from Google News, but they still manage to extract value from it. We exist in a top-heavy paradigm where giant servers profiteer off the work of everybody else, capturing a disproportionate percentage of the total value created.
It's unfortunate but not unexpected that Google's response is this snarky blog post. But I wish people wouldn't pretend this is somehow a giant government tipping the scales against "openness".
I see this more as an institution in charge of making sure our collective greed not getting the better of us trying to distribute wealth to those who create it proportionate to the value being created.
Is it a futile attempt, likely unaware of its own vision? Sure. I just wish Silicon Valley would get its head out of the sand and realize that the current paradigm isn't necessarily sustainable for anyone -- whether you're the one sitting atop Mt. Server enjoying crazy network effects or the person contributing value for peanuts (if you're lucky).
From a macro perspective, the US has an aging population with the Baby Boomer generation entering older adulthood. Older population = greater health needs. Financially, it makes a lot of sense for a large company with vast resources like Google or Apple to make a splash in healthcare. And now's the time to do it.
They also have a distinct advantage over startups when it comes to introducing change from outside the healthcare industry. They can withstand the long sales cycle that it takes to get approvals without needing to balance fundraising in the process. Not to mention their unique ability to reduce the length of those sales cycles. They're more likely to win pilots and scale, and faster, because of their brand recognition -- a key competitive advantage when you're talking about a risk averse space like the healthcare industry. Not to mention, you typically need to get a lot of stakeholders together (providers, payers, patients) and align incentives in order to get anywhere. Large companies have a huge advantage here and can influence change relatively quickly. Healthcare institutions are constantly discussing the need for technological disruption (and have the budget / financial incentives to foot it), but by nature they are highly risk averse to any major changes. Large tech companies are uniquely positioned.
SOURCE: I once worked on a healthcare startup, have been through a healthcare startup incubator program, have friends who are doctors and healthcare administrators, am familiar with healthcare investor thinking, and am connected to a spectrum of healthcare startups (both successful and early stage).
One thing I will point out: most investors in NYC are looking for Series A or later. Or proven profitability. It's a more conventional community; the type of investors you'll see in New York made their money in PE/finance/investment banking and not tech. NYC as a market is very much a place to build a company where your primary metric is not MAU's or an innovative idea but rather something that moderately takes a linear approach in helping an established industry innovate. Or already profitable. I'd be surprised to see the next Amazon, Google, or Tesla ever come out of New York. The next DoubleClick or Travelocity? Sure.
To assume it all happens consciously, and to consider legislation as the primary way of preventing discrimination, is a bit short-sighted in my opinion. Being aware of this concept is a first step, but efforts should be made to control for unconscious bias as well. Companies have an incentive to do this as they may be passing up better qualified candidates. Perhaps developing a way to implement blind performance reviews or conducting non-soft skills, technical interviews that test a person's cognitive ability behind a screen could be one way to curb the trend.