A lot of people seem to be chalking this one up in the “memetic imitation among tech execs” column. However, in the case of Google, I’m not so sure.
Google is an advertising business. And advertising revenue is extremely sensitive to changes in the economy (Companies cut ad spending when there isn’t as much demand to soak up). In the last recession Google was still rapidly stealing ad share from old media, but now they’ve won the game and are the market.
So this one makes complete sense to me. I’m sure everyone still thinks Google only hires engineers, but they actually employ A TON of ad sales people.
Google is an advertising business. And advertising revenue is extremely sensitive to changes in the economy (Companies cut ad spending when there isn’t as much demand to soak up). In the last recession Google was still rapidly stealing ad share from old media, but now they’ve won the game and are the market.
So this one makes complete sense to me. I’m sure everyone still thinks Google only hires engineers, but they actually employ A TON of ad sales people.