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Showing posts with the label Sergey Brin

Just my thoughts #0762

Weather forecasters on the news often feature well-dressed meteorologists who diligently explain the weather using various meteorological terms. But if the forecasts were always accurate, there would be no need for such lengthy explanations. People wouldn’t complain if it were simply raining or not, if the temperature was a few degrees, and if the humidity was comfortable or uncomfortable. However, since there’s a chance the forecast could be wrong, they try to explain it thoroughly to ask for people’s understanding. Do you see why simplicity is great? Simplicity is great because no one can simplify it haphazardly. - Joseph’s “just my thoughts”

Just my thoughts #0132

Google founder Sergey Brin, one day asked a great question. “What will happen if we give this service for free?” The result was, as we know well, “MONOPOLY”. Google gives employees 100,000 meals a day for free. This is because Google found that providing free meals is more profitable for the company. Initially, a payment system was introduced in the cafeteria. Soon, however, Google changed its mind when it saw the people waiting in line. Google learned the “opportunity cost”. Google's technology is excellent, but they realize it is not about making money. Fate changed when they discovered that the Business Model for that technology made money. - Joseph’s “just my thoughts”