Everything about google’s new CEO and Alphabet inc
Sundar Pichai is the 43 year old Indian American is Google’s new CEO. Google or, in the words of John Micklethwaite and Adrian Wooldridge, Googlezilla, is a vast behemoth — a networked firm — a mutated successor to the likes of erstwhile General Motors — that almost has no boundaries, spans the globe and is a metaphor for the forces of globalisation, and technology and the convergence thereof. Much has been said about the rise of Pichai to the top position at Google and indeed it is a position that is enviable, prestigious and influential. Most of the commentary around Pichai’s rise revolves around the ‘American Dream’, the meritocracy implied in it and the openness of the country to immigrants — talented or not. Indeed much of this is true and gainsaying it would be silly.
Pichai, who studied metallurgical and materials engineering, graduated from the school in 1993. One of Mr. Pichai’s former professors, Sanat Kumar Roy, describes him an “enthusiastic” and “obedient” student.
I would, however, after conceding the merit of the ‘American Dream’ and its resilience adopt a contrarian position here. I would posit that the confluence of technology, globalisation and liberalism have, especially, in the United States led to the creation of a new class of people: the nouveau elite who are the children of the marriage between technology and liberalism. Call them ‘cosmocrats’, or ‘rootless’ denizens of the world, this elite owes no real allegiance to any state, nation of culture but their orientation is toward and for technology. (The aim here is not to denigrate or lampoon this class but put a finger on the nature of the phenomenon). This is not an original insight; it has been identified and elaborated upon by The Economist Newspaper. To paraphrase the Economist, this new class of people are ‘Great Disrupters’; they have changed the rules and underlying dynamics of many businesses — even ones that were held to be too conventional and traditional to be impacted and affected by technology.
Simple explanation of Alphabet inc 🙂
What google says about Alphabet inc?
Alphabet Inc. will replace Google Inc. as the publicly-traded entity and all shares of Google will automatically convert into the same number of shares of Alphabet, with all of the same rights. Google will become a wholly-owned subsidiary of Alphabet. Our two classes of shares will continue to trade on Nasdaq as GOOGL and GOOG.
For Sergey and me this is a very exciting new chapter in the life of Google — the birth of Alphabet. We liked the name Alphabet because it means a collection of letters that represent language, one of humanity’s most important innovations, and is the core of how we index with Google search! We also like that it means alpha-bet (Alpha is investment return above benchmark), which we strive for! I should add that we are not intending for this to be a big consumer brand with related products–the whole point is that Alphabet companies should have independence and develop their own brands.
Indian CEOs at other tech giant companies: