What Is Google?

Google CEO Eric Schmidt chats with PBS’ Charlie Rose and talked about the company. Just one bit which stands out….

The primary business of the company is search and ads. We decided to spend 70% of our total resources of search and ads, 20% of projects near to that, we call them adjacent projects, and 10% on other…That 10% is important because the smartest people want to come work in a place where if they come up with something in the other category the company will support them.

Good chance it would be available as a podcast on iTunes, and perhaps for sale as a video. (Hat Tip, Gary)

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