Google Considering Startup Incubator to Retain Talent
The 12-year-old Google is tired of losing talented employees to younger rivals, and is considering starting an internal startup incubator to keep them in-house, according to a New York Times report.
Upstart Facebook has nabbed at least 142 employees from the search giant, the Times said, and as the company moves into middle age, the startup environment that it fostered when it began in 1998 has become rigid over time.
“There was a time when three people at Google could build a world-class product and deliver it, and it is gone,” Google CEO Eric Schmidt told the Times.
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