Comparison three Google CEO: Pi Chayi start good-Google, CEO,Google-IT information

From Eric and Larry to Pi Chayi, on what would be their impression on Wall Street?

? August 19, 2004, on that day, two former Google CEO Eric and Larry to ring NASDAQ Opening Bell

The past 6 months, Google CEO no longer is one of the traditional three-man ruling panel member of the company, and Wall Street and not too much advice.

In fact, Wall Street's view is more optimistic. On Friday, along with other technology stocks, Google's stock price fell, but since last August, Google restructuring for the Alphabet, sangdaer·pichayi (Sundar Pichai) was appointed CEO gains still had nearly 8%.

? Google CEO sangdaer·pichayi

Alphabet earnings released this week, investors are satisfied. Results showed that, excluding other business, under the leadership of Pi Chayi, Google's core business continues to remain strong.

Use Alphabet Chief Financial Officer Ruth Percy LVL (Ruth Porat) words, Pi Chayi served just in the initial stage. However, it is time to Pi Chayi in contrast to his two predecessors. Pi Chayi is currently responsible for the Alphabet, the highest cost of most profitable business.

Eric Schmidt (Eric Schmidt)

Financial results: Schmidt Alphabet is currently Executive Chairman. In 2001 he became Google's CEO, and in 10 years will be returned to the position after co-founder Larry page (Larry Page). Schmidt led the company completed its IPO (initial public offering), and experienced a financial crisis, eventually develop the company as market giant.

? Eric times Google share price performance

In the last year as Google CEO Schmidt, in 2010, Google's gross revenue was $ 29 billion, up from us $ 3.2 billion in 2004. However, Google's costs grew even faster. Google to show Wall Street, the company is not afraid to data centers and personnel making a large investment.

? Eric under the leadership of Google's total revenue and investment expenditure

Acquisitions: led by Schmidt, Google completed the acquisition is essential in today: Android, and YouTube and Keyhole (Google map). Chase in Facebook and Google to no avail. However, through the acquisition of DoubleClick and AdMob, Google also creates tremendous value.

Larry page

Financial results: Paige is an introvert and mysterious engineer, was also a dreamer. At present, his Alphabet CEO, but he friendly in the eyes of Wall Street CEO. (He did not attend the fall of 2013 earnings call. ）

? Larry times Google share price

However, investors remained satisfied with his performance. In his 4 years as CEO, Google revenue growth of 74%, while the stock price doubled.

? Larry times Google's revenue and spending

Discontent among some shareholders might page closely controls the company's practices. In 2014, it will split the company's shares into class a shares and class c shares that do not contain a vote. Further strengthened the "troika", that is, Schmidt, page and Sergey Brin (Sergey Brin) for control of the company.

Acquisitions: in the initial stages of Google CEO, Paige continues the Chase Schmidt social network strategy. Paige bought the team, and bring them to Google's own social networking business. However, Google in this business did not achieve the desired development. In 2013, the page to adjust the approach. He began to focus on so-called "moon landing" projects, such as wind power venture company Makani, smart home Nest, and artificial intelligence research DeepMind etc. This became the basis of Alphabet to finish restructuring.

Sangdaer·pichayi

Financial performance: even though last year was appointed CEO in August, but pichayiyi until October to officially take over Google. But after a year he has been responsible for Google's core product, when page's focus on other business in the Alphabet. From a financial point of view, Pi Chayi behaved well in the opening stages.

? Pi Chayi since taking office of Google stock

In 2015, Google's quarterly results beat analysts ' expectations, net revenue growth rate of 10.2%. Meanwhile, capital spending fell for the first time since 2008. This suggests that under the leadership of Pi Chayi, Alphabet expenditures will be more disciplined.

? Pi Chayi since taking office, Google's annual revenue and capital expenditure

Acquisitions: in the past year, Google's acquisition pace was slowing. In 2015, in the eyes of Google's acquisitions showed that Pi Chayi priorities: moving products. Google acquired companies include streaming media services Agawi Fly Labs and photo editing software, as well as some virtual reality startups.

More importantly, Google spent $ 380 million acquisition of Bebop, and the CEO of the company daian·GELIN (Diane Greene) became the new head of business operations.

Decline in valuation of technology companies (such as Twitter), there was speculation Google will lend a helping hand. Such a possibility exists, but Google is more likely to buy the machine learning and innovations in cloud computing, virtual reality. Pi Chayi mentioned several times in the earnings call on these areas, and does not mention one area is social networking.

谷歌三任CEO对比：皮查伊开局表现还不错 - 谷歌,CEO,Google - IT资讯

从埃里克到拉里再到皮查伊，华尔街对他们的印象会是什么样的？

▲2004年8月19日上市当日，谷歌前两任CEO埃里克和拉里敲响纳斯达克开市钟

过去6个月，谷歌CEO不再是公司传统的三人执政小组成员之一，而华尔街对此并没有太大意见。

实际上，华尔街的看法还要更乐观。本周五，与其他科技股一样，谷歌股价出现下跌，但自去年8月谷歌重组为Alphabet、桑达尔·皮查伊（Sundar Pichai）被任命为CEO以来涨幅仍有近8%。

▲谷歌CEO桑达尔·皮查伊

对于Alphabet上周发布的财报，投资者也感到满意。财报显示，不包括其他业务在内，在皮查伊的领导下，谷歌的核心业务仍继续保持强劲。

借用Alphabet首席财务官鲁斯·珀拉特（Ruth Porat）的话来说，皮查伊的任职才刚刚处于起步阶段。不过，目前是时候将皮查伊与他的两名前任进行对比。皮查伊目前负责Alphabet盈利能力最强、成本最高的业务。

埃里克·施密特（Eric Schmidt）

财务业绩：施密特目前是Alphabet执行董事长。他于2001年成为谷歌CEO，并在10年后将这一职位交还给联合创始人拉里·佩奇（Larry Page）。施密特带领公司完成了IPO（首次公开招股），并经历了财务危机，最终将公司发展成为市场巨头。

▲埃里克时代谷歌股价表现

在施密特担任谷歌CEO的最后一年，即2010年，谷歌的毛营收为290亿美元，高于2004年的32亿美元。不过，谷歌的费用增长更快。谷歌向华尔街表明，该公司并不害怕向数据中心和人才进行大笔投资。

▲埃里克领导下谷歌的总收入和投资支出

收购：在施密特的带领下，谷歌完成了在今天看来至关重要的几笔收购：Android、YouTube和Keyhole（即谷歌地图的基础）。在追逐Facebook的过程中，谷歌未能成功。不过，通过对DoubleClick和AdMob的收购，谷歌也创造了巨大的价值。

拉里·佩奇

财务业绩：佩奇是一名内向而神秘的工程师，也是一名梦想家。目前，他担任Alphabet CEO，但他并不是华尔街眼中友好的CEO。（他没有出席2013年秋季的财报电话会议。）

▲拉里时代谷歌股价走势

不过，投资者对他的成绩仍然很满意。在他担任CEO的4年时间里，谷歌营收增长了74%，而股价则实现翻番。

▲拉里时代谷歌的总收入和投资支出

一些股东可能会不满佩奇严密控制公司的做法。2014年，谷歌将公司股份拆分成为A级股，以及不包含投票权的C级股。此举进一步加强了“三驾马车”，即施密特、佩奇，以及谢尔盖·布林（Sergey Brin）对公司的控制权。

收购：在担任谷歌CEO的最初阶段，佩奇延续了施密特追逐社交网络公司的策略。佩奇收购了多支团队，并将他们纳入至谷歌自己的社交业务中。然而，谷歌这一业务并未获得期望中的发展。2013年，佩奇调整了做法。他开始关注所谓的“登月”项目，例如风力发电创业公司Makani、智能家居公司Nest，以及人工智能研究机构DeepMind等。这成为了Alphabet完成重组的基础。

桑达尔·皮查伊

财务业绩：尽管于去年8月被任命为CEO，但皮查伊一直到10月才正式接管谷歌。不过此前他已经负责谷歌的核心产品一年时间，当时佩奇的精力主要放在了Alphabet的其他业务上。从财务角度来看，皮查伊在开局阶段表现不错。

▲皮查伊上任以来谷歌的股价走势

2015年，谷歌每个季度的业绩都超出分析师预期，净营收增长率达到10.2%。与此同时，资本支出出现自2008年以来的首次同比下降。这表明，在皮查伊的领导下，Alphabet的支出将更有纪律性。

▲皮查伊上任以来谷歌的年度总收入和资本支出

收购：过去一年，谷歌的收购步伐正在放慢。2015年，谷歌的收购表明了皮查伊心目中的优先级：移动产品。谷歌收购的公司包括流媒体服务Agawi和照片编辑软件Fly Labs，以及一些虚拟现实创业公司。

更重要的是，谷歌花费3.8亿美元收购了Bebop，而该公司CEO戴安·格林（Diane Greene）成为了谷歌新的企业业务负责人。

随着一些科技公司估值的下降（例如Twitter），有人猜测谷歌将伸出援手。这样的可能性存在，但谷歌更有可能收购机器学习、虚拟现实和云计算领域的创新者。皮查伊在财报电话会议上多次提到这些领域，而并未提到的一个领域正是社交网络。