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Google's Larry Page

Key ideas

Speaking to technical entrepreneurs, Page argues that product and technology still matter, and that opportunity lies in noticing what is wrong, prototyping cheaply and hiring with care.

From a machine transcript of the audio. Quotes link to the moment they are said.

  1. 1

    Find things that seem wrong

    Page's basic method for spotting opportunities is to notice what is badly designed, a habit Page links to reading Don Norman on door handles. Page also tells founders to keep track of numbers such as hardware costs and memory versus disk speed, saying cost drives adoption and the industry is slow to notice what these numbers imply.

  2. 2

    Treat product and technology as the opening

    Page calls it a common fallacy, especially in business schools, that products and technology matter little and marketing decides. Page argues the internet will probably give buyers better information and offers cheap distribution, and that most companies innovate only on the business side, which leaves the technical side open. Page warns at the start that some points may be argued more strongly than they should be.

  3. 3

    Prototype small and solve the whole problem

    Page says most successful internet companies began with a handful of people, often as a hobby or research, and that Google's first disks were bought on three credit cards. Page also urges founders to take on a whole hard problem rather than one piece of it, since a small startup that relies on other companies for the user experience will probably be let down.

  4. 4

    Back unconventional opinions with math

    Page says strong opinions are useful as long as math or a good argument stands behind them. The example is Google's text ads: salespeople and others in the industry pushed banners, while Page argued that ads resembling search results would be clicked far more often. Page says many inside the company fought this and that it almost did not happen.

  5. 5

    Invest in vision, people and hiring

    Page argues companies started purely to make money almost always fail, while a deeply held goal makes others believe in you and brings resources. Page says the founders went back to reviewing every hire, expects at least half of hiring to come through internal referrals, and looks for people who ask why more can't be done. Page adds that an organization's structure and culture show up in its product.

In Larry’s words

“But it turns out to be really useful because you walk around the world and you notice things that are designed wrong. And, you know, those things are all great opportunities for improvement. Maybe not door handles, but other things.”
Larry Page·Google's Larry Page·Watch at 22:31(opens the original in a new tab)
“So I'd argue that most companies are actually innovating only in business space, not in the technology at all.”
Larry Page·Google's Larry Page·Watch at 7:15(opens the original in a new tab)
“It's fine to have opinions that aren't conventional, like, why should we do TV advertising? It's going to cost too much. As long as you have math to back that up or a good argument.”
Larry Page·Google's Larry Page·Watch at 19:55(opens the original in a new tab)

About this entry

Published
Jul 29, 2009
Channel
Stanford Graduate School of Business
Type
Video
Length
46:23
Language
English
Added
Nov 2, 2026
Source last checked
Nov 2, 2026

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