Wednesday, April 30, 2008

Larry About Innovation and Risk

It is not often that Larry talks in length to the press. Here is an interview in Fortune magazine where he discusses how to change the world. (Hope the link still works.)

He said lot of interesting things, but here is something about risk aversion and innovation
Even when we started Google, we thought, "Oh, we might fail," and we almost didn't do it. The reason we started is that Stanford said, "You guys can come back and finish your Ph.D.s if you don't succeed." Probably that one decision caused Google to be created. It's not clear we would have done it otherwise. We had all this internal risk we had just invented. It's not that we were going to starve or not get jobs or not have a good life or whatever, but you have this fear of failing and of doing something new, which is very natural. In order to do stuff that matters, you need to overcome that.

1 comment:

ctrlalteredmind said...

yo yo! how's it goin, long time no see (I know you sent me an IM once, I was going to respond but lost track).

I'll talk to you soon, until then, I shall tag you with a meme.