Built to Level Up

Larry Page spoke the other day at the Fortune Global Forum Event. His talk was about “Alphabet”.  Alphabet is a holding company – and that sounds pretty boring, right? Well, perhaps not.

Alphabet is the company that Larry Page wants to be dedicated to building things for the future – things that have great value added.

Under Page’s purview, Alphabet subsidiaries control the world’s largest search engine (Google), a smart home manufacturer (Nest), a self-driving car project, an internet balloon project, and a venture capital arm. And that’s just the beginning.

Very cool. Al Wenger wrote about how capital constraints are giving way to attention constraints. This example provides us with a glimpse of what this looks like. Th pitch is about the lure of the mission rather than the potential return to investors.

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