Google cofounder Larry Page threatened to leave if the company didn't find a way to keep him in control, newly unsealed court docs reveal

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Google founder Larry Page threatened to leave if the company didn't find a way to keep him in control, newly unsealed court docs reveal

Google co-founder and CEO Larry Page speaks during a news conference at the Google offices on May 21, 2012 in New York City. Google announced today that it will allocate 22,000 square feet of space in its New York headquarters to CornellNYC Tech while the university completes its new campus on Roosevelt Island. Larry Page, Google's cofounder, threatened to leave the company in 2011, Bloomberg reported Wednesday.

At the time he made the threat, Page was pressing Google's board of directors to create a new class of stock that would allow him to retain control even if Brin and Schmidt sold their stock. Page"leveled a veiled threat in that 'why should I sacrifice and work so hard if I might not be in control,'" Paul Otellini, a Google director at the time, said in a 2011 email.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

clusterstock Can i get some inheritance

Chad

YoFaveisTrash

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in AU

Australia Australia Latest News, Australia Australia Headlines