A new Startup developing “AREA 120” by Google which never leaves let the Talent’s go
Google Building its own Startup Incubator “AREA 120”
How Google tries to retain Talented Employees!!!
Google Employees now can start-up their businesses’ within the company with an incubator dubbed “AREA 120.”
Opposed to lose its key talent, Sundar Pichai CEO of Google projected to stop its company’s personnel jumping from its ship. So a new Start-up dubbed “AREA 120” by Google, which never leaves let the Talent’s to jump over from their ship.
The Incubation start-up “AREA 120” will be helmed by Don Harrison, and Bradley Horowitz, According to the source of Information. Harrison, the VP of Google’s corporate development and Bradley, the VP for Google’s Photos and Streams are the long-time executives of Google.
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What is AREA 120?
The entrepreneurial scope will let Google personnel prosper their notion, which will support with raised funding by Google. The team within Google should submit their business plan and apply to Area 120. Once employee’s outlines the Business design, the teams of the said project can work on full time basis.
Days pass after few months, if the described design is approved and they get an option either to set a new company or to pitch for more funding. We don’t know what and how Google gets back a return on Investment (ROI), but Google will be an investor for the initial start-up. The time stated was unclear, but the whole process will hopefully take several months.
Why is it named AREA 120?
According to the sourced information, the 120 in AREA 120 is an admiration to Google’s famed 20 percent time which asks that employees spend one-fifth of their working hours on projects that inspire and astound them.”
The philosophy of Google’s 20 percent time workplace philosophy resulted by Google News, Gmail and AdSense. The announcement claims AREA 120 will be fixed exclusively by Google, not to its Google Mountain View Campus, i.e., Alphabet Inc. A question rises that 20% of the time does exist at Google.
The AREA 120 focused mainly not to sidestep from Google. Considering, earlier this month Ex – DARPA head Dr. Regina Dugan left Google for Facebook. She was running ATAP (Advanced Technologies and Products) lab at Google. A120 will locate at Google’s San Francisco office building
According to Business Insider when Google debuted Alphabet Inc last year, Larry Page wrote that one of its goals was ‘empowering great entrepreneurs and companies to flourish,’ some of whom might not want to build their businesses within Google proper.
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