Sunday, 15th October 2006
Webcast: Google's Omid Kordestani, Speaks to Business School Students at Stanford
Webcast: Google's Omid Kordestani [ Senior Vice President, Global Sales & Business Development], Speaks to Business School Students at Stanford on Doing What You Love Not What Will Make You The Most $$$
Guided by his passion for small companies and learning leadership along the way, Omid Kordestani, MBA '91, took a chance in 1999 and joined the 1-year-old startup Google, which he then helped transform into one of the world's most successful brands
A written recap is available here.
Kordestani described his job offer from Googles founders as a moment when money could have gotten in the way of doing what he really wanted. After a Netscape colleague introduced him to former Stanford graduate students Larry Page and Sergey Brin, he met with the engineers over a ping pong table. When they offered him a job, he weighed two potential positionsone at Google, the other at AOL.
The Google offer was very risky. I thought: Maybe we could sell the company to Yahoo. It was a very low salary with all this equity, he remembered, smiling. When his wife reminded him of his passion for growing small businesses, he realized the decision he had to make and became the first business-side employee at Google in 1999. (The decision paid off financially when his Google equity later came to represent a figure much larger than any competing salary.) Kordestani helped bring the company to profitability by 2005, Google was generating more than $6 billion in revenue.
The video runs 48 minutes (Real Player) and was recorded in September.
Source: Stanford Graduate School of Business