Is this guy fit to be CEO of a public company?
Life, my friends, is not fair. It's no fair that the singularly unimpressive Eric Scmidt became CEO of tech darling Google (largely because the boys thought it would mollify the Board and they could run roughshod over him) and thusly, a billionaire.
But when the guy makes super-dumb statements on the record with the New York Times, it really just rubs our collective noses in how absolutely lacking in any capability great or small Mr. Schmidt is:
In the interview, Mr. Schmidt said the most significant development in the quarter was Google Earth, a software program that lets people zoom through three-dimensional maps as if they were in a low-flying helicopter. Even though the product does not appear to generate much revenue, he suggested it had been worthwhile from a marketing perspective.''When your name keeps being mentioned at cocktail parties and you
are not going to jail, it's good,'' Mr. Schmidt said.
So that's the guy's product marketing analysis? No revenue is OK as long as you're not a criminal enterprise? Is that worth a billion dollars?



