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Stephen says...

[google]

Author Ken Auletta asks the question whether Google will ever be more than a one-trick pony in a new book on the Internet search giant, Googled: The End of the World as We Know It (Penguin Press, 400 pages, $27.95).

Mr. Auletta says that Steve Balmer, Microsoft's, came up with the expression of Google, but Larry Ellison, Oracle's CEO, added, "But it's one helluva trick."

Advertising dollars continue to abandon traditional media and move to the Internet where Google has about 66% market share of internet search.

Mr. Auletta is an accomplished writer of media. He gained personal access to Co-Presidents Sergey Brin, and Larry Page, both who founded the company, as well as Eric Schmidt, Google's CEO.

Mr. Auletta captures Google's unorthodox management style, all computer scientists, who have defied convention in every way, including the choice to share the top job.

All three must sign off on nearly every major decisionbeing made at Google. This, critics predict, ultimately will stifle creativity, innovation and productivity and lead to a spectacular corporate collapse. For now, it appears to work.

Mr. Brin focuses on engineering and technology. Mr. Page is trained on consumers and products. Mr. Schmidt oversees operations and acts as a coach for the other two.

According to Barron's writer Mark Veverka, the book has two major themes. One might be called "The Inside Story of Google and How It Works;" and the other, "How the Engineers of the Internet Changed Advertising and Media Forever."

Mr. Aulette never answers the question whether Google will ever be more than a one-trick pony, but he does say that Google is capable of diversifying successfully.

Mr. Auletta makes clear that Google has made engineers, not MBAs, the most important employees. The founders created a company that focuses on customers first and is obsessed with making information free to everyone in the most effective way.

Monetization of the idea came well after the co-founders set out to build the best search engine. Google's scientists later invented a pay-per-click advertising concept, called AdWords, which changed the ad game forever.

Co-founder Mr. Page once told Stanford University students that a type of pay-per-click technology, AdSense, was "probably more of an accident than a plan."

Watch an full hour interview with author Ken Auletta on CSPAN's Q&A.

Source.

Filed under: Larry Ellison

Jay says...

(photo courtesy of zazzle.com)

Imagine seeing YOURSELF on the cover of Time Magazine or maybe YOU prefer Fortune Magazine or maybe in a future Joking Gorilla Billionaire List.  It doesn't matter, the important thing is YOU imagine.  Imagine YOU'RE reading about YOUR success and new billionaire status today.

“[Insert YOUR Name Here] is now one of the world's richest individuals.  He/She built an empire covering the whole gamut of the computing industry.  He/She is worth a cool $29 billion.  He/She built an amazing array of cool products that redefined how we use computers, mobile phones and other computing devices...  etcera... etcera...  etcera...”

Now, snap out of it!

This is how YOU did it.

First move, be born to unknown parents.  It might help if YOUR last name is hard to spell, common or unknown.  (Think Gates.  Allen.  Ellison.  Jobs.  Wozniak.  Zuckerberg.  Page.  Brin.).  YOU get the point.

Second move, study until college then drop out.  In the last 50 years, billionaires especially on newly-created industries like computing, software engineering, mobile communications, the Internet, etc. usually dropped out of college to pursue a great idea.  (Gates.  Ellison.  Jobs.  Wozniak.  Zuckerberg.  Page. Brin.).  YOU do need to finish high school though.  We still have to encounter a billionaire who's a high school drop out (If YOU know one, let's hear it!).  This probably means YOU do need to master reading (comprehension), writing and speaking skills as well as knowing a little about history, algebra and physics.

Third, think and pursue a great idea that can change the world.  Now comes the hard part.  It's easy to say this.  It's even easier to put this on a piece of paper and call it a business plan.  But execution is key.  Almost all the new-age billionaires started their startups on their own dime.  They had to invest something themselves first.  The best indicator if YOU have a great idea?  There's none.  If YOU believe in something so strongly and are willing to pursue it then YOU'D probably end up a billionaire.  But that's a BIG IF.  Remember, Edison did fail ten thousand times before perfecting the light bulb mechanism.  And he didn't end up a billionaire but his name will live on forever.  And Col. Sanders did get the door closed on him almost 2,000 times before getting the secret formula right for KFC.  And even Kung Fu Panda had to fail many times before learning the secret of the dragon warrior.

Fourth and the final step, execute with uncanny precision.  Gates hit it big when Microsoft licensed their software program to IBM and built in great functionality (yes guys, at that time Windows was cool and cheap) to it.  Ellison when he got a big contract from the government and by focusing on the server market first.  Jobs when he got fired from Apple.  Sorry, that's not it.  Jobs actually did it in two spades (or is it three?): with Apple, he made an amazing product (Macintosh, others) that the world adored and with Pixar, he built a different kind of movie/animation house.  And with Apple again with the iPod and iPhone.  Larry Page and Sergey Brin did it by creating an amazing search engine they called Google.  Google continues to redefine the marketplace.  Zuckerberg built a site for social interactions – he built a great one, cool functionalities, amazing design and easy sharing of files – photos, videos and links.  Facebook is like the iPhone of social networking – it looks great, YOU can do almost anything with it, and it's not so expensive – it's actually FREE.  Design Matters.  Design in Outlook.  And Design in Process.

Let's recap then:

1 FIRST MOVE, BE BORN TO UNKNOWN PARENTS.  This is so true, it will motivate YOU to become known.
2 SECOND MOVE, DROP OUT OF COLLEGE.  So far, that's how the current billionaires did it.
3 THIRD MOVE, DEVELOP A GAME-CHANGING IDEA.  That will do it.  Provided YOU succeed.
4 FOURTH MOVE, EXECUTE!  Now this is the hardest part, but this is key.

There is in fact a fifth step.  We'll let YOU figure that one out.  There are clues in this article.  But that deserves another post.  We believe Guy Kawasaki has written extensively about that subject.

Let us know what YOU think the fifth step is.  Email it to people.hungry [at] gmail.com.

P.S.

If all else fails, YOU have the following choices (in no particular order):

Marry a billionaire (YOU have to be a really hot!)
Marry into a billionaire's family (YOU have to be smart.)
Marry the ex-billionaire's spouse (Make sure they got at least a billion dollars after the divorce.)
Get YOURSELF adopted by the billionaire or the family (YOU have to be cute!)

Have any other ideas?  Email it to us and we'll post them.

 

Filed under: larry ellison

tuyenvo says...

There's a rumor floating around the Interwebs that Chris Cohan, current owner of the Warriors, is looking to sell the franchise. The possible buyer? Larry Ellison of Oracle fame. This rumor definitely has legs as Oracle already has the naming rights to the Arena and Ellison has been wanting to buy a sports franchise for a while now. Whether he'll be a good owner or not is debatable but at this point, anything is better than Cohan who to me, ranks as the second worst NBA owner behind Donald Sterling.

Filed under: larry ellison

 

Follow the Oracle



At the official passing of the Java torch today, Larry Ellison couldn’t resist dangling the suggestion that Oracle is getting ready to launch some sort of new client software platform to rival Google’s Android and - an unspoken challenge - Microsoft.

 

Read more: 

http://globalitnews.blogspot.com/2009/06/is-this-finally-thin-client-from-oracle.html

 

Tags: 

Larry Ellison, Oracle, Microsoft, Google Android, Thin-client software, Software, Acquisitions, Sun Microssytems, Java, Databases, 

 

Filed under: Larry Ellison

Andy says...

Anyone following the strategic acquisitions by Oracle the last few years can see a very clear trend: Oracle is amassing a treasure-trove of business applications that are powerful, interoperable, and valuable to mission delivery.

Most recently, Oracle snapped up Sun for $7.38 billion, right from under the clutches of IBM!

Oracle with $22.4 billion in revenue in 2008 and 55% of license revenue generated overseas “is the world’s largest business software company, with more than 320,000 customers—including 100 of the Fortune 100—representing a variety of sizes and industries in more than 145 countries around the globe.”(www.oracle.com)

Oracle’s roots are as a premiere database company. However, since 2004, they made more than 50 acquisitions in calculated business areas.

The Wall Street Journal, 21 April 2009, identifies some of these notable buys:

2004—PeopleSoft for human resources and financial management.

2005—Siebel for customer relationship management.

2007—Hyperion Solutions for business intelligence.

2008—BEA Systems for infrastructure management.

2009—Sun Microsystems for software, servers, and storage devices.

Oracle has been able to acquire companies with operating-profit margins of 10% and within six months expand those margins to 40%.”

With the recent purchase of Sun, Oracle is gaining control of critical open-source software such as Java programming technology, Solaris operating system, and MySQL database.

According to Forrester Research, “Forty-six percent of businesses plan to deploy open-source software in 2009.” Oracle can now provide an important service in product support and updates for this. (Wall Street Journal, 22 April 2009)

In addition, Oracle also provides various middleware to integrate business applications and automate processes.

From databases to end-user applications, from service-oriented architecture to infrastructure management, from content management to business intelligence, Oracle has put together a broad impressive lineup. Of course, this is NOT an endorsement for Oracle (as other companies may have as good or even better solutions), but rather an acknowledgement of Mr. Ellison’s keen architecture strategy that is building his company competitively and his product offering compellingly. Ellison is transforming the company from a successful single brand that was at risk of becoming commoditized to a multi-faceted brand with synergies among its various lines of business and products.

Some lessons for enterprise architects and CIOs: Build your product lineup, create synergies, uniformly brand it, and be number one or number two in every product category that you’re in (as Jack Welch famously advised) and grow, grow, grow!

Filed under: Larry Ellison