Top founders can often come to represent their companies — Elon Musk, for instance, is synonymous with Tesla, and Amazon figurehead is very much Jeff Bezos. But as years go by, thanks to repeated fund raises, these founders don’t hold as much economic sway over their companies as they used to. Here’s how much these founders still own in the companies they started. 1.Jeff Bezos, Amazon: Current stock holding 16% Jeff Bezos is now the richest…
Say Hello to Alphabet!
Google is all over the news this week. First, the Chennai boy Sundar Pichai takes charge as Google’s new CEO. Second, Google gets a new parent company – Alphabet Inc.
Google came up with some staggering news today. It announced that it was restructuring its operations and renaming itself Alphabet. Google would now be a part of the Alphabet corporation, which would also contain within itself some of Google’s more futuristic ventures, such as Google Fiber, Calico, and Google X.
Microsoft had a suitable response.