Good, short story in the NY Times about Google’s brain fund that sticks millions of dollars into the hands of employees who make a big deal difference to the company’s performance.
It’s designed to provide the same sort of reward that could come from being in a start-up…and therefore create incentive to join/disincentive to leave post IPO.
And Google just posted a billion dollar quarter. Wow.
(Via John Battelle.)
Update: Nice, sour and probably more realistic take on this from Russell Beattie.