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Half of Google's revenue comes from selling text-based ads that are placed near search results and are related to the topic of the search. Another half of its revenues come from licensing its search technology to companies like Yahoo.
Eric Schmidt
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Eric Schmidt
Age: 69
Born: 1955
Born: April 27
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Washington
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Eric E. Schmidt
Eric Emerson Schmidt
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More quotes by Eric Schmidt
The funny thing about advertising is that it's not a zero-sum game... Historically, in the digital ad world, pie has gotten larger and it's possible for everyone to win, and it's perfectly possible that will continue to be true for quite some time.
Eric Schmidt
Every two days now we create as much information as we did from the dawn of civilization up until 2003.
Eric Schmidt
The computing world is very good at things that we are not. It is very good at memory.
Eric Schmidt
We have an opportunity for everyone in the world to have access to all the world's information. This has never before been possible. Why is ubiquitous information so profound? It's a tremendous equalizer. Information is power.
Eric Schmidt
I had always assumed that the right way to do it was to these engineers, put them in offices by themselves with doors that they could close so they could think deep thoughts. This is a terrible idea.
Eric Schmidt
Silicon Valley's involvement with Washington dates from one event, which was John Scully - who was the CEO of Apple - had dinner with President Clinton and Vice President Gore in 1993. And we're all going, like, 'What's going on? Why would we have dinner with the president?'
Eric Schmidt
We don't have a traditional strategy process, planning process like you'd find in traditional technical companies. It allows Google to innovate very, very quickly, which I think is a real strength of the company.
Eric Schmidt
I think of Google as a set of overlapping things. It's a consumer platform, consumer phenomenon of which search is its fundamental activity, but there are many other things you can do than search... I think of Google as an advertising company who services the broader advertising industry in the ways that you know.
Eric Schmidt
Amazon has well passed any expectations of its ability to change distribution and marketing.
Eric Schmidt
Just remember when you post something, the computers remember forever.
Eric Schmidt
Google docs and spreadsheets don't work if you're on an airplane. But it's a technical problem that is going to get solved. Eventually you will be able to work on a plane as if you are connected and, then when you get reconnected to the Internet, your computer will just synchronize with the cloud.
Eric Schmidt
I've never met a person who does not want a safer world, better medical care and education for their children, and peace with their neighbours. I just don't meet those people. What I meet, over and over again, as I travel around, is that the essential human condition is optimistic - in every one of these places.
Eric Schmidt
The average American doesnt realize how much of the laws are written by lobbyists.
Eric Schmidt
Google is very much a not-invented-here, build-it-ourselves culture.
Eric Schmidt
Washington - having spent a lot of time there, I grew up there and have spent a lot of time there recently - is largely defined by detailed analytical views and policy choices that are not very good. You know, each policy choice has a winner and a loser, right? Somebody's ox is getting gored.
Eric Schmidt
I do want to emphasize that we've seen an explosion in the use of Google Maps and Google Earth for education. The earth is a special place. It is our home and it's why we're all here. And the ability to see what's really going on the earth, the good stuff and the bad stuff, at the level that you can, is phenomenal.
Eric Schmidt
There were 5 Exabytes of information created between the dawn of civilization through 2003, but that much information is now created every 2 days.
Eric Schmidt
People are building communities of people who use video. They're sharing them. YouTube's traffic continues to grow very quickly.
Eric Schmidt
The thing that people seem to miss about not just Google, but also our competitors, Yahoo, eBay and so forth, is that there's an awful lot of communities that have never been served by traditional media.
Eric Schmidt
Show us 14 photos of yourself and we can identify who you are.
Eric Schmidt