If you assume that one in five things you do will turn out to be really successful, and maybe two of five will be moderately successful, and the other two will languish, you want to do a lot of things. It’s all about being agile. Most of the teams at Google are three to ten people. Five people launched Google News. About five people launched Google Toolbar. They operate like small companies inside the large company.
Marissa goes on to compare Google to a VC firm – namely, they take a portfolio approach, placing bets on a number of teams with the expectation that there will be a high failure rate.
Google is a lot like managing a VC firm, because you’re placing bets on different teams. Our organization mirrors the Internet. It looks more like a network than a hierarchy.
In my opinion…this is a very, very smart way of business building, in fact I like to call it yoicking it!