Google’s Acquisitions Chief Looking for `Crazy’ Ideas is the topic in Bloomberg. Salman Ullah, Google’s director of corporate development, at a meeting of the Los Angeles Venture Association said,

“The really crazy ones do really well.”

Ullah also said,

“The crazy ones mean they ignore the usual restraints of investment levels required or design parameters or ‘Gee I need more servers than anyone ever thought was possible’. When you free yourselves from these constraints, you create crazy, cool things.

Google wants companies that can build revenue streams from their users, instead of buying firms with a lot of users that don’t bring in much in sales.

We don’t do traffic for traffic’s sake. It has to be highly monetizable.”

And from the article, Google also has about a team of 15 people working on acquisitions and they also meet with dozens of companies a week.

Mark

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