Execs Move To Facebook, But I Predict Facebook Not To Be The Next Google!
There have been a lot of reports today about Google losing another top executive to Facebook. The person in question is Elliot Schrage, who is the VP of global communications and public affairs for Google, or was up until a few days ago. Elliot will now be taking up a new job in the same position at Facebook.
I remember back when Google was just launching into the marketplace, and all the stories were around top executives moving from Microsoft to Google. Now they all seem to be slowly moving from Google to Facebook. Are these movements to make more money or equity or are they moving to the next Google? At this stage im thinking they are moving to Facebook because they see Facebook as the next Google, but im not so sure. Facebook has never been profitable, they are only back up crazy valuations and they dont have a complete business model in place to obtain revenues. Thus, leads me to think, who will be the next Google? Who will own the internet, because this isnt done upon valuations, this is done upon generating high revenues!
