Its about the talent stupid...

My favourite company of all time like for so many of us is Reliance, no need to guess why this is so , coz there are no prizes for that.

But I never had the inclination to work for Reliance, I always thought of building a Reliance, rather than working for us... (You please heartily laugh on this statement).

So once I had the offer letter for Reliance Comm in its earlier avatar and I refused. Later on when Reliance Retail was expanding, after 2 rounds of interview and a written test, I apologised to them that I cant make it for the final round with the business head.

The first company which inspired me to join on its rolls was Goldman Sachs and thats I am talking about 1990-1992. At that time it was the darling of 5th Avenue and for the rest of the world too, which included this little boy with stars in his eyes(I still have them). How I came to know about Goldman Sachs was through ET basically, and some other financial magazines that my father used to bring home.

Thats the greatness of the great company, they inspire people and they just dont inspire people who are associated with them but also to the outsiders, somehow you want to become part of that company. Thats the hallmark of an absolutely great company, and without doubt GS was once a very great company.

Then after a lot many years my preference changed to Google and now its Facebook (thats if I have to earn a livelihood through a job).

Google is a great company, built by two great people, who still inspire me and for long long time it was the World's best employer. Also for an equivalent amount of time I dont think Google ever faced a crunch of talent, because it inspired everyone on this planet and automatically attracted the talent. World's best engineers work at Google, including one of my close friends and classmate.

Then came Facebook and the scene started changing slowly, specially after this David v/s Goliath kind of image being created about the two companies. Suddenly search was boring and social was hip. After the F8 conference, Facebook started attracting a lot of the best engineering talent, as it was no more just about the social site, it became a social platform. And what all you can do with a social platform is mind-boggling...

Suddenly Facebook was as exciting to work as Google because the numbers of projects/challenges they started working on slowly started challenging Google.

A lot of people jumped ship from Google to Facebook lately, some for the thrill, some for the money and some because Facebook was all about Hackers, any engineer will feel pride to be associated as a hacker and thats what Facebook did, they positioned the Facebook team as the Hackers, the world's best engineers.
And when you are the best, you want to thrive in the company of the best, because thats where you can do your best.

It all started with Sheryl Sandberg becoming the COO of Facebook in 2008, after spending 6 years at Google and recently the Google Wave head Lars Rasmussen whom Mark just said that you just hang around and we will see later what happens, in fact that was the brief given by Mark to Lars.

Cool, aint it...

Google offered an out of turn 10% across the board pay-hike to retain talent recently and is rumoured to have offered a top notch Engineer more than a million dollars  to stop him from defecting to Facebook.

All this Pre-IPO ho-hallah going around Facebook did not help Google at all as, with all of the oldies of Google they had a chance to bargain for some stocks with Facebook and make a kind of double killing...

And now both of  them are trying to catch em young...

Facebook is hosting the Hackers Cup, whose preliminary round got over on 7th Jan and now Google is partnering with CERN to have a web-based science fair, where children between age 13 to 18 can submit projects online and Google will offer the best ones scholarships and also an opportunity to work with them.

The fight for talent is really intense, but the great companies dont have to fight too hard for it and all they need to do is to sell their vision of future...

Thats what Mark did when he got Sheryl from Google, when hardly any of us were on Facebook...

In the end its all about the talent...

Comments

Popular posts from this blog

Kutchu's glasses @ka Abhi's

Title Song from a serial "Imtihaan" of 90s...