Entrepreneurial Thought Leader Speaker Series

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Google's Legal Issues - Larry Page, Eric Schmidt (Google)
Date: 5/1/2002
Length: 3 minutes
Speaker(s): Eric Schmidt , Larry Page
Sources: Stanford Technology Ventures Program
Description: Google has been caught in the middle of free speech vs. censorship issues. The Digital Millennium Copyright Act states that if a company removes information from the internet when requested, they cannot be held liable. If the
company is then counter-notified, they can put the information back up and remain legally neutral. Google has followed this policy, says co-founder Larry Page, but it has nevertheless sparked controversy.

Other Videos in Series

Encouraging Creativity - Larry Page, Eric Schmidt (Google)
Larry Page Eric Schmidt
5/1/2002
Summary: Google's main problem is separating the wheat from the chaff through the mounds of creativity they have on hand, says co-founder Larry Page. There are simply more ideas than time and resources allow them to
accomplish. Watch More
Envisioning the Future for Google: Always a Search Engine? - Larry Page, Eric Schmidt (Google)
Larry Page Eric Schmidt
5/1/2002
Summary: Google will always be a search engine, despite any additional directions the company may take, because it is a critical part of the mission the founders Page and Brin have defined. Also, says the company, the search engine is far
from perfect and still requires many developments before it is complete. Watch More
Founding Team Dynamics - Larry Page, Eric Schmidt (Google)
Eric Schmidt Larry Page
5/1/2002
Summary: Google co-founders Page and Brin have a unique relationship. The duo share an office, which is said to be one of the most exciting places in the company. The founder-led company dynamic is an important factor in Google's
success. Watch More
Globalization: Google and Asia-Pacific - Larry Page, Eric Schmidt (Google)
Eric Schmidt Larry Page
5/1/2002
Summary: Google increasingly has a global focus; as of 2002, traffic is now around 60% outside of the United States and growing. The search supports 74 languages, including many Asian languages, says CEO Eric Schmidt. There is tremendous
growth in Japan, where the majority of portals and online services now use Google. Watch More
Google and Language Translation - Larry Page, Eric Schmidt (Google)
Larry Page Eric Schmidt
5/1/2002
Summary: No matter what language people speak, there is much information that is not in their language. Right now, most of the information available online is in English, but that won't always be the case. Google has been interested in
translation, especially as it applies to searching. As of this 2002 lecture, automated translation is not perfect, but co-founder Larry Page reports that they are working to make it better. Watch More
Google Culture: Encouraging Innovation - Larry Page, Eric Schmidt (Google)
Larry Page Eric Schmidt
5/1/2002
Summary: Google tries to keep an entertaining and enriching corporate culture by taking company trips and implementing a dog-friendly policy.At the same time, the company tries to maintain an entrepreneurial culture by forming small teams
that act like individual startups. The founders have discovered that the groups tend to become more traditional as they grow larger. Watch More
Google History - Larry Page, Eric Schmidt (Google)
Larry Page Eric Schmidt
5/1/2002
Summary: Larry Page and co-founder Sergey Brin started Google while at Stanford working on their PhD's. When the company grew too big to be run from their dorm rooms, the founders made a pitch to a computer science professor who wrote them
a $100,000 check on the spot. As of 2002, it is a company of almost 400 people, it handles over 1500 million searches a day, and it has been profitable for over a year. Watch More
Google Mission - Larry Page, Eric Schmidt (Google)
Larry Page Eric Schmidt
5/1/2002
Summary: Google's mission, according to its founder Larry Page, is to organize the world's information, making it universally accessible and useful. They still believe that search can get a lot better and are working hard to make it so.
Google has a global focus and is aiming to do things that matter to everyone around the world. Watch More
Google's Legal Issues - Larry Page, Eric Schmidt (Google)
Eric Schmidt Larry Page
5/1/2002
Summary: Google has been caught in the middle of free speech vs. censorship issues. The Digital Millennium Copyright Act states that if a company removes information from the internet when requested, they cannot be held liable. If the
company is then counter-notified, they can put the information back up and remain legally neutral. Google has followed this policy, says co-founder Larry Page, but it has nevertheless sparked controversy. Watch More
Hiring: What Attributes Do You Look For? - Larry Page, Eric Schmidt (Google)
Larry Page Eric Schmidt
5/1/2002
Summary: The first aspect Google considers when hiring is evaluating the applicant's capability of simply doing the job. Next, they look for people who can think outside the box, but still work within Google culture. Third, communication
skills are critical for any employee, even engineers. Overall, co-founder Larry Page and CEO Eric Schmidt have found that if someone is exceptional at something, it is usually a good indicator that they are exceptional at
everything. Watch More
How Does Google Actually Make Money? - Larry Page, Eric Schmidt (Google)
Eric Schmidt Larry Page
5/1/2002
Summary: Google makes money through selling targeted advertising on its site, which is more effective than broad-based advertising. In addition, they receive revenue from providing search capabilities to other companies, says co-founder
Larry Page. Surprisingly, the model used today is remarkably similar to the original business model presented to venture capitalists. Watch More
Innovate in Technology and Business: The Founding of Google - Larry Page, Eric Schmidt (Google)
Larry Page Eric Schmidt
5/1/2002
Summary: According to Larry Page, co-founder of Google, Not many companies are innovators in both technology and business. In order to be successful in technical innovation, you must also understand the business and marketing side, he
adds. Watch More
Learning to Take Risks: A Personal Story - Larry Page, Eric Schmidt (Google)
Larry Page Eric Schmidt
5/1/2002
Summary: Looking back, it is easy to forget the tremendous risks co-founders Larry Page and Sergey Brin undertook to get to the place they are today. The co-founders once caused the whole Stanford network to go down for a significant
amount of time while trying to develop Google. Page remarks that weird things happen when you are trying to touch every computer on the internet. Watch More
Life at Google: Organizational Culture - Larry Page, Eric Schmidt (Google)
Larry Page Eric Schmidt
5/1/2002
Summary: Late one night, a group of excited people congregated in the office of Larry Page, co-founder of Google, over a bottle of champagne. Around 80 people came to watch the event from outside, curious about what was going on. The event
was the signing of the AOL contract that was the culmination of months of hard work. Watch More
New Leadership and Organizational Change - Larry Page, Eric Schmidt (Google)
Eric Schmidt Larry Page
5/1/2002
Summary: When CEO Eric Schmidt started at Google, his job was largely centered around providing some organizational design. The culture was working well but the company needed more structure. He hired a financial and controller system,
instituted staff meetings, and set and reviewed quarterly objectives. Watch More
Partnerships: Google and AOL - Larry Page, Eric Schmidt (Google)
Eric Schmidt Larry Page
5/1/2002
Summary: Google competed with several other companies, including Overture, for the AOL deal. Though Overture offered more money because they are a public company, Google offered more ideas about additional services for AOL customers. The
AOL CEO decided to make the decision that was best for the customers and went with Google, recalls co-founder Larry Page. Watch More
Recruiting and Hiring - Larry Page, Eric Schmidt (Google)
Eric Schmidt Larry Page
5/1/2002
Summary: A large amount of time is spent in the hiring process at Google because the company is serious about employing only the very best people. Because of the high profile of the company, they receive over a thousand resumes a day,
according to co-founder Larry Page and CEO Eric Schmidt. Many hires result from these resumes, but only after comprehensive reference checks. Watch More
ROI on Advertising Models Online - Larry Page, Eric Schmidt (Google)
Larry Page Eric Schmidt
5/1/2002
Summary: Google's advertising model has been extremely successful, says CEO Eric Schmidt and co-founder Larry Page. Google has invested in technology to better target ads - and they've found that targeting ads well is in fact comparable to
targeting search results. Watch More
Science as Inspiration - Larry Page, Eric Schmidt (Google)
Larry Page Eric Schmidt
5/1/2002
Summary: Larry Page, co-founder of Google, reveals that basic research and good ideas are the key components to creating a tremendous opportunity in the tech market. A lot of new knowledge is being created all the time and much of it can
be used as the foundation for innovation. Watch More
Search Engines and Competition - Larry Page, Eric Schmidt (Google)
Eric Schmidt Larry Page
5/1/2002
Summary: In the beginning, co-founders Larry Page and Sergey Brin tried to license Google to other companies because they wanted to finish their PhD's, but none were interested. Google was started out of desperation; they had no other
option but to start the company themselves. Though the founders do worry about competition, the barrier to entry is continuously increasing as Google indexes more and more documents and becomes the foundation of so many other
services. Watch More
Success Factors of Potential Partners - Larry Page, Eric Schmidt (Google)
Eric Schmidt Larry Page
5/1/2002
Summary: Eric Schmidt, CEO of Google, talks about how real partnerships are a win-win deal. When making a deal, it is important to let your partner win, too, and to form an actual partnership rather than strictly relying on financial
gain. Watch More
Technology and Social Responsibility - Larry Page, Eric Schmidt (Google)
Larry Page Eric Schmidt
5/1/2002
Summary: The founders of Google, Larry Page and Sergey Brin believe that it is incredibly important for people to have access to information around the world -- and that this is something that Google can deliver. They have run into issues
with foreign governments over censorship, but recently it has not been a major problem. CEO Eric Schmidt predicts that Google will become an unintended central focus around global copyright and ownership legal issues. Watch More
Tips for the Entrepreneur - Larry Page, Eric Schmidt (Google)
Eric Schmidt Larry Page
5/1/2002
Summary: Google co-founder Larry Page provides several tips for entrepreneurs. Tip 1: Just don't settle. Especially with employees, it is very important to find great people you are compatible with. Tip 2: There is a benefit from being
real experts. Experience pays off. Tip 3: Have a healthy disregard for the impossible. Stretch your goals. Tip 4: It is OK to solve a hard problem. Solving hard problems is where you will get the biggest leverage. Tip 5: Don't pay attention to
the VC bandwagon. Don't start a company just because you can. Instead, have a really good idea that is good regardless of the funding situation. Watch More
What Would You Change to Make Google More Successful? - Larry Page, Eric Schmidt (Google)
Eric Schmidt Larry Page
5/1/2002
Summary: Everything at Google has turned out perfectly, making it hard to determine which decisions were good and which were bad. Co-founder Larry Page remarks that they could have started the company earlier, but were working on their
PhD's. Also, it would have been difficult to achieve the same thing five years ago because the market was not as advanced -- and technology was more expensive and less established. Watch More

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