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Larry Page and Sergey Brin brought in a new age of founder control over companies in Silicon Valley. Is their departure a symbol for the end of an era? (GOOGL)

Larry Page and Sergey Brin in 2003

  • Alphabet CEO Larry Page and President Sergey Brin announced that they were stepping back from managing Google’s parent company on Tuesday, ending a 21-year stretch of founding Google, growing its ecosystem of products, and later managing its parent company.
  • Among other things, Page and Brin are widely credited for kickstarting a new age of corporate strategy in Silicon Valley, by ensuring that they always held voting control within the company that they founded.
  • Other founders drew inspiration from Google’s dual-class share structure. Facebook’s Mark Zuckerberg, Snap’s Evan Spiegl, Uber’s Travis Kalanick, and WeWork’s Adam Neumann all made sure they had read more >>>

    Source:: BusinessInsider.Com