X
Tech

Google suffers super-rich brain drain

Internet entrepreneurs are queueing to leave Google, according to the Guardian.Apparently:"Since floating on the stock market in 2004, the company has made millionaires of thousands of shareholding employees.
Written by Tom Espiner, Contributor

Internet entrepreneurs are queueing to leave Google, according to the Guardian.

Apparently:

"Since floating on the stock market in 2004, the company has made millionaires of thousands of shareholding employees.

Trying to hold on to the staff it has made rich is now a big concern, according to one former employee, Aydin Senkut. He joined Google in 1999 to oversee international business development. Then, the company only had about 50 employees, a far cry from the 11,000 today. Like many other early Googlers, he made a lot of money when the company went public - and was among a number who felt the need to reassess his position soon after the IPO. He eventually quit in 2005 to set up his investment firm, Felicis Ventures, that helps put new start-up businesses in touch with early stage investors.

"I spent six years at the company and I felt the time had come to try something new, so I took a leave of absence to recharge and figure out if I wanted to go back," he said.

" I realised this was the time to do something new. The thing I missed most was that feeling of a startup - building up a culture."

Editorial standards