Google Before The SEC
July 6, 2015
Searching the Web you can find the most amazing and obscure items, such as this little gem from the Securities and Exchange Commission’s Web site: “Schedule 14A” registered by Google Inc. Schedule 14A explains information required for an SEC proxy statement, which is given to stockholders when votes are solicited at stockholders’ meetings. This Schedule 14A lists many of the high-tech projects Google is working on to improve the lives of people. Google founder Sergey Brin supposedly writes the schedule, but more than likely is was written by an assistant and his name was signed at the end.
It opens with this brief passage:
“When Larry and I founded Google in 1998, many elements came together to make our work possible. Like other companies at the time, we benefited from the increasing power and low cost of computation and from the unprecedented shift of information to the internet. We shared a profound belief in the power of technology to make life better for people everywhere and imagined what life could be like 10, 15, 20 years down the road. Nevertheless, now that we are here, I am amazed at the progress and opportunities. For example, I could not have imagined we would be making a computer that fits in a contact lens, with the potential to make life better for millions of people with diabetes.”
It is followed by a description of the contact lens that measures glucose levels in a body, then it goes into how Google revolutionized search and in turn delivered high-end services like email and Google Photos.
What Google piece would be complete without mentioning the self-driving cars? Autonomous cars came about by increased computation power, but at least they do mention it will be sometime before they are ready for consumers.
Google does have an impressive list of accomplishments, sure to please any stockholder. The question is will there be anything they will not experiment with?
Whitney Grace, July 6, 2015
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