Reid is the greatest host ever, he leaves the guest to freely talk, he never interrupts him and his large knowledge of the topic bring huge value to all interview. Kudo, Reid!
Reid I don’t know if you’re teaching the class anymore but these videos are very helpful and if you could continue to post it would be greatly appreciated.
4:43 "what would you do differently?" Make the decisions faster and make fewer mistakes 19:39 the greatest product are for the people who are building 21:32 scaling: think of it as a funnel: it's very tight (building up a product that scales), and then you can explode 26:00 the industry overvalues experience and undervalues strategic and intellectual flexibility 46:04 what not to do? Surprisingly no -- don't narrow your focus. Al sides starts with doing one thing really well, but it's easier to recruit with a broad vision 56:44 hire ridiculously smart people. They just have to have a path to what they're trying to create
Watching this from Nairobi in 2018.. One of the best videos i've come across.. love how you guys tackle the actual issues rather than talking of the high level stuff.. Thank you Ried and Eric
'Hire the divas, they expect a lot, the drive people hard, the are controversial, they care passionately, they drive the culture of excellence and they will drive you to that excellence.' - Eric
@captain obvious the Indian IT services aren't always to blame. Many companies who outsource do so without having a deep understanding and respect for their operations. Instead they take a pile of sh!t, throw it overseas and blame the vendor.
1:17 ~ "All of the solutions wouldn't get us to the autonomy of Berkshire Hathaway" Very interesting. Interesting to see they studied really only one scenario, but very insightful.
- the way you build great products, is you have small teams, with strong leaders, who obsess over trade-offs and they push things off, and they say we have got to get it done, they put a lot of pressure on the team, they work all night, and produce a product that just barely works. Then they iterate.
"The greatest products have almost always have been designed for the benefit of the people using them" - Eric. Goes to say that the best products are those that solve a personal problem.
16:30 - They just needed a professional parent to tell them "no" enough times to make it challenging to prove wrong. That's why this guy is CEO. He's smart but these youngsters need a dad to rebel against and prove wrong. lol
I just love listening to people who understand product.. It's so hard to wrap your head around culture and all other high level stuff if you do not have a product that works..These are some of the brightest CEOs
@48.26 - its called an Andon. Andon (Japanese: アンドン or あんどん or 行灯) is a manufacturing term referring to a system to notify management, maintenance, and other workers of a quality or process problem.
More human beings, means more ad clicking customers ..Eric Schmidt! This sums it all. I feel sorry for us! I feel sorry for the huddled masses who are not smart, passionate and studied at a "prestigious university" .. This video changed the way I see Google, its the heart of greedy Corporate America. We are billions of beautiful hearts And you sold us down the river too far What about us? What about all the times you said you had the answers?
Oh yeah. I disagree with their hiring practices. But such is life. There are plenty of people in the world. Working for Google might look like a dream job but in reality, you make your own dream job.
Great talk. Lots of well-earned wisdom in there. Although Eric tends to wrap everything in an air of arrogance, he’s a good guy. I remember him back in the 80s when he was starting out as a PM at Sun. the “Java manoeuvre” was rather clever but he did get rather lucky with it.
7:15 "Same backgrounds" Yea, this is one key point to take from this, usually people will just hire the person most familiar to their own experience and path, see this reguluarly in tech.
What did he mean by the statistical measure at 33:16 "look at the average weight of the scorers and correlate that with the future performance of their scoring"?
I love how Eric is working as an advisor to Chainlink now. It’s the backbone of Web3 and crypto the same way Google was the backbone of the web in the early days of search and social media.
You know what's kind of nice is that you actually do see someone shining right under this guy. He's under a whole lot of stuff, and you still see this guy shining through. I feel like this is really similar to how Google works. Like it's bogged down by a bunch of shit that tech is and all that, but in the end, there's still something nice about it. I like my phone, I like it's UI for the most part, and I sure as hell like TH-cam (now). I mean, at this point, I'm full on with Google over Microsoft. I go with AWS as well, and run all my stuff on Linux.
Kanban is a Japanese Lean manufacturing system. I studied it and was very impressed. Look for LEAN MANUFACTURING or LEAN LIFE on youtube. There is a audio book on it from a guy who is a woodwork manufacturer in USA.
Free virtual course on the Top 10 Growth and Scaling challenges. Learn how mindset, management style, CEO focus and so many other things must change when you shift from standard operations to a growth mindset. Click here now to register: www.ceobootcamp.us/free-mastering-the-top-10-challenges-of-scaling-a-business-YT
Considering how straight, powerful and insightful no-bull talk Eric gives, I can't quite understand the latest SJW controversies in Google. Like people can't express their opinions anymore without getting fired. This bugs me. Anyone? Help me understand what's going on?
Interviewer: "So people might not have actually known that *before* you worked at Google, you might have had a substantial career" Schmidt's Brain Alien: "ARE YOU SENDING ME MORE SLAVES"
I think the implication is that they're more in the way than anything. If they're not adding value, they're just people adding to the indirection of communication. Better to let the experts in their domains communicate directly, than have a middleman mediate. Personally I think that's a bit cutthroat if those people could add value in a new way, but I didn't build a company like Google.
"we didnt want people from lesser colleges only prestigious ones with 4.0 gpa" Yeah im pretty sure there were alot of steve jobs you missed out on during the hiring process.
experience is what you get with time. it is absurd to ask a young applicant for it. therefore I have higher expectations of them knowing the theory better than the older applicants with experience. you need to take a chance with either
One of the best speakers. When he said "shit" I knew I'd love him. I can't remember the last time I didn't curse on a job interview. Only one job offer I didn't get out of like 10 (some people are lame ). Cussing is REQUIRED
A really good counter-example to Schmidt's leadership style is a guy like Zuckerberg. Zuckerberg is so young and managing the entire world at an extraordinarily young age, and more than likely his growth is going to be extremely blunted because he's had to manage more than he could handle. He didn't grow into his career and "cook", so to speak, like these other guys have who've been around for 40 years. Schmidt manages the 2nd? 3rd? biggest company in the entire world, is massively wealthy, and communicates fluidly like a layperson. Zuckerberg, who manages ... well... nothing we really care about, acts like he's the king of the world and talks like a robot. Nobody likes him (really) and when you're the front person for a massive company, you *have* to be LIKEABLE. Because that's how you sell a company. If you can't sell the company, what's it even matter?
My manager hired all his friends. 90% of team are his puppets now. It's the biggest we allowed to happen in the first place. Be careful and tread careful people. Rise against the culprits and burn them down.
We want more people and immigrants. The higher the demand for jobs the lower you can pay, and probably pay even lower in third world countries. That's not capitalism that's neoliberalism.
Reid is the greatest host ever, he leaves the guest to freely talk, he never interrupts him and his large knowledge of the topic bring huge value to all interview. Kudo, Reid!
@Christina Masden lol wtf, just stop
true
Reid I don’t know if you’re teaching the class anymore but these videos are very helpful and if you could continue to post it would be greatly appreciated.
ㅅ
로또
Shame about the poor intro.
4:43 "what would you do differently?" Make the decisions faster and make fewer mistakes
19:39 the greatest product are for the people who are building
21:32 scaling: think of it as a funnel: it's very tight (building up a product that scales), and then you can explode
26:00 the industry overvalues experience and undervalues strategic and intellectual flexibility
46:04 what not to do? Surprisingly no -- don't narrow your focus. Al sides starts with doing one thing really well, but it's easier to recruit with a broad vision
56:44 hire ridiculously smart people. They just have to have a path to what they're trying to create
Thank you for creating timestamps of the video, it's very helpful for those who want to come back and watch it again
Please add the gender gap
Thanks you mate
Watching this from Nairobi in 2018.. One of the best videos i've come across.. love how you guys tackle the actual issues rather than talking of the high level stuff.. Thank you Ried and Eric
watching this masterpiece on 2024
This guy is a fantastic mentor, modest, calm headed, rational & methodical.
Story time with Eric, never gets old. Fantastic.
Interesting to hear Eric putting big emphasis on having a 'plan'... contrary to Sam...
Right? I could listen to this all day
'Hire the divas, they expect a lot, the drive people hard, the are controversial, they care passionately, they drive the culture of excellence and they will drive you to that excellence.' - Eric
unfortunatly you can see that his entire philosophy failed.. now google is crashing... sad!
"The industry over values experience and under values strategic and intellectual flexibility"
-- Eric
@captain obvious the Indian IT services aren't always to blame. Many companies who outsource do so without having a deep understanding and respect for their operations. Instead they take a pile of sh!t, throw it overseas and blame the vendor.
Sounds like what Mark Zuckerberg said during his interview with Y Combinator...
Pretty much every industry does
1:17 ~ "All of the solutions wouldn't get us to the autonomy of Berkshire Hathaway"
Very interesting. Interesting to see they studied really only one scenario, but very insightful.
love his brutal honesty without ego lol really worth listening what he has to say in this interview
agreed, this is an amazing interview. Definitely a must watch.
"All success starts from doing one thing really really well" - Eric Schmidt
- the way you build great products, is you have small teams, with strong leaders, who obsess over trade-offs and they push things off, and they say we have got to get it done, they put a lot of pressure on the team, they work all night, and produce a product that just barely works. Then they iterate.
"The greatest products have almost always have been designed for the benefit of the people using them" - Eric. Goes to say that the best products are those that solve a personal problem.
Google is an advertising company with hobbies. The founders sound like children... it's amazing they've become so successful.
So truu
I love how self-aware and low-ego he is. Great leader.
he is a puppet for the intelligence agencies. wake up!
@@robertdoherty3905 hes an effective puppet for the intelligence agencies 👌
Thanks Eric and the interviewer. Great stimulating conversation.
Reid, great series! I'd love to see an updated 2020 series of this or "the next level". One of the best series on TH-cam.
“Thursday was a no meeting day. Which meant we were always in meetings.” Fairly humorous corporate joke. Nobody caught it
"We want more empowered people...." - Reid Hoffman
Christina Masden any evidence to support said claim?
16:30 - They just needed a professional parent to tell them "no" enough times to make it challenging to prove wrong. That's why this guy is CEO. He's smart but these youngsters need a dad to rebel against and prove wrong. lol
Two of the greatest minds in human history coming together. Stunning conversation
I just love listening to people who understand product.. It's so hard to wrap your head around culture and all other high level stuff if you do not have a product that works..These are some of the brightest CEOs
kefa mutuma future billionaire I see
@48.26 - its called an Andon.
Andon (Japanese: アンドン or あんどん or 行灯) is a manufacturing term referring to a system to notify management, maintenance, and other workers of a quality or process problem.
He's so good at the self deprecating humor.
One smart guy.
More human beings, means more ad clicking customers ..Eric Schmidt! This sums it all. I feel sorry for us! I feel sorry for the huddled masses who are not smart, passionate and studied at a "prestigious university" .. This video changed the way I see Google, its the heart of greedy Corporate America.
We are billions of beautiful hearts
And you sold us down the river too far
What about us?
What about all the times you said you had the answers?
Oh yeah. I disagree with their hiring practices. But such is life. There are plenty of people in the world. Working for Google might look like a dream job but in reality, you make your own dream job.
55:28 56:47 Odd cases in hiring. If they’ve got a path, give them a chance. Great story!
What a gem of an interview. This guy is beyond intelligent
“Never stop hiring engineers.”
Great talk. Lots of well-earned wisdom in there. Although Eric tends to wrap everything in an air of arrogance, he’s a good guy. I remember him back in the 80s when he was starting out as a PM at Sun. the “Java manoeuvre” was rather clever but he did get rather lucky with it.
Yeah I agree re: arrogance. Clearly he's a passionate business leader neverttheless.
The blackberry story discussed at 36:55 is a situation ripped straight out of a chapter in Freakonomics. Or am I thinking of Predictably Irrational?
share the link to the episode:) thanks!
7:15 "Same backgrounds"
Yea, this is one key point to take from this, usually people will just hire the person most familiar to their own experience and path, see this reguluarly in tech.
Maybe one of the best interviews I have ever heard
So many good nuggets in here; my head hurts from listening to this
What did he mean by the statistical measure at 33:16 "look at the average weight of the scorers and correlate that with the future performance of their scoring"?
One of the best talks ever. Candid.
I met this guy in Bangalore when he was CEO of Novell
I love how Eric is working as an advisor to Chainlink now.
It’s the backbone of Web3 and crypto the same way Google was the backbone of the web in the early days of search and social media.
y’all really need to see him and thiel interview with fortune!
Sir can you please send me link
@@rohitshahi4116 th-cam.com/video/2Q26XIKtwXQ/w-d-xo.html
Thank you 😁
You know what's kind of nice is that you actually do see someone shining right under this guy. He's under a whole lot of stuff, and you still see this guy shining through. I feel like this is really similar to how Google works. Like it's bogged down by a bunch of shit that tech is and all that, but in the end, there's still something nice about it. I like my phone, I like it's UI for the most part, and I sure as hell like TH-cam (now). I mean, at this point, I'm full on with Google over Microsoft. I go with AWS as well, and run all my stuff on Linux.
47:24 What was the Japanese concept he talked about? Where any employee can stop the production line? Kanban? Combine?
It’s called the Andon cord
Kanban. Invented by Toyota
Kanban is a Japanese Lean manufacturing system. I studied it and was very impressed. Look for LEAN MANUFACTURING or LEAN LIFE on youtube. There is a audio book on it from a guy who is a woodwork manufacturer in USA.
54:40 Noam did end up contributing heavily to the current LLM progress and AI with the Transformer architecture
What a masterclass in tech management! Thank you
@Greylock, what is the full name of the person who were needing "10000 machines" and "solve general knowledge by the weekend"?
Where is the part of lesser university?
Humble, smart , visionnaire , wealthy ...
Leader and team work = efficient + confident = smart decision = success
Those students are so lucky to be in the presence of these two! Both billionaires!!
Free virtual course on the Top 10 Growth and Scaling challenges. Learn how mindset, management style, CEO focus and so many other things must change when you shift from standard operations to a growth mindset. Click here now to register: www.ceobootcamp.us/free-mastering-the-top-10-challenges-of-scaling-a-business-YT
Considering how straight, powerful and insightful no-bull talk Eric gives, I can't quite understand the latest SJW controversies in Google. Like people can't express their opinions anymore without getting fired. This bugs me. Anyone? Help me understand what's going on?
Come here to find sleep, can't stop watching
Same here
Interviewer: "So people might not have actually known that *before* you worked at Google, you might have had a substantial career"
Schmidt's Brain Alien: "ARE YOU SENDING ME MORE SLAVES"
Thanks Reid and Eric Schmidt. Love your work!
Who is the gnome person that he is talking about at 56:00.
Search Noam Shazeer
Who is Nome (the person who will invent the general AI) that Eric is talking about, can anyone please tell the full name of the person?
Noam Shazeer
@@ChrisCamargo Thank you! Literally spent last 15 mins searching for that dude
What does he mean by glue people? Wish there was more elaboration on that.
... socially liked, good for group/team dynamics, ie. ‘glue’, but not essential to product development or sales ... that’s my reading ...
When you expand, expand quickly and wide
This channel is gold
I still do not understand how the 'glue people' are worth firing? Please explain. Plus, can non-coders, non-tech people benefit from APM?
I think the implication is that they're more in the way than anything. If they're not adding value, they're just people adding to the indirection of communication. Better to let the experts in their domains communicate directly, than have a middleman mediate.
Personally I think that's a bit cutthroat if those people could add value in a new way, but I didn't build a company like Google.
15:10 Chrome
I dislike videos that disable comments. Don't particularly feel like spending the time to audit this one, but thank you for enabling comments.
This channel is fantastic!
"we didnt want people from lesser colleges only prestigious ones with 4.0 gpa" Yeah im pretty sure there were alot of steve jobs you missed out on during the hiring process.
Yup
or they just found a better steve jobs :)
all the salty comments from people from second rate universities lol
look how hard he grips thr mic
wonderful talk Eric! 🎇
Really interesting talk! Wrote down tons of notes for my self
Can anyone tell me who Noam is (~54:30)?
I found he is Noam Shazeer. Incredible man!
6:00 How Google started
What a time to be alive
experience is what you get with time. it is absurd to ask a young applicant for it. therefore I have higher expectations of them knowing the theory better than the older applicants with experience. you need to take a chance with either
1:16:15
51:10
36:53
37:33
15:40
A CEO that google deserves
"You only go bankrupt once." Except, Dave Ramsey and the countless others.
No surprise Larry and Sergei loved the predictive analytics tools that these kids were building .. lol
I went to school and was friends with an Eric Schmidt. Not the same on of course. He is my age 52.
As a German I first saw Blitzkrieg.
One of the best speakers. When he said "shit" I knew I'd love him. I can't remember the last time I didn't curse on a job interview. Only one job offer I didn't get out of like 10 (some people are lame ). Cussing is REQUIRED
Just wow interview.. LOVED it totally
Just so rational like a well written software code.
Did they not fire thousands because of too much hiring
A really good counter-example to Schmidt's leadership style is a guy like Zuckerberg. Zuckerberg is so young and managing the entire world at an extraordinarily young age, and more than likely his growth is going to be extremely blunted because he's had to manage more than he could handle. He didn't grow into his career and "cook", so to speak, like these other guys have who've been around for 40 years. Schmidt manages the 2nd? 3rd? biggest company in the entire world, is massively wealthy, and communicates fluidly like a layperson. Zuckerberg, who manages ... well... nothing we really care about, acts like he's the king of the world and talks like a robot. Nobody likes him (really) and when you're the front person for a massive company, you *have* to be LIKEABLE. Because that's how you sell a company. If you can't sell the company, what's it even matter?
imagine working at a place, where you can get fired because stock holders don't like your last name
Bookmark
39:33
22:04 !! SCALING DONE RIGHTTT!!!
What a fucking great CEO!
Well duh
31:43 "We need to have really smart people. ... they figured they wanted normal people who had donew something exceptional"
Hmm sth to think about.
I watched this while eating stale Cheetos on my couch and feel like a complete dumb ass.
My manager hired all his friends. 90% of team are his puppets now. It's the biggest we allowed to happen in the first place. Be careful and tread careful people. Rise against the culprits and burn them down.
Maciej Stuhr?
Eric is an investor in Uber ?
Armpit net: show how rules, soreng posibilities without advance upon.
15:35 Story of Chrome
John just left Waymo.
We want more people and immigrants. The higher the demand for jobs the lower you can pay, and probably pay even lower in third world countries. That's not capitalism that's neoliberalism.
? ie. neo-colonialism
What makes me not make this decision earlier!? 🤩
33:34 Hidden bias
The person who created chrome was sundar pichai.
And that guy who invented Chrome is now the CEO of Google
1:17:25 I don’t think he was supposed to say that hahah
The last quarter is key; alphaBET is going to be an excellent long term investment, mark my words.
ultracool - very nice Eric