Tuesday, February 14, 2017

Waymo -- Payed Waymo than they should have

Disruptive technologies, end up - disrupted. 

The economy of new technologies is an interesting mix of incentives. 

Secrecy, pay, talent, prices, focus, patents, etc. are all in that mix of incentives.

That they paid these people so much money that they didn't feel like they wanted to work any more is interesting.

That some of those people started their enterprises is part of that mix of incentives.

CNBC  -- More at the source

The car project at Google-parent Alphabet paid some workers so much that they built a nest egg and ditched the company, according to a Bloomberg report
Some long-time staffers were paid so much that eventually they "didn't need the job security anymore," people familiar with the situation told Bloomberg in a report published Monday. The sometimes multimillion-dollar paychecks were part of an "unusual compensation system" that started in 2010 and included performance-based compensation, bonuses and equity, Bloomberg reported. 
Some even called the payouts "F-you money," Bloomberg reported. Google declined to comment on the report to CNBC.

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