Eric Schmidt Calls Missing Out on Social Media His Biggest Failure at Google
Former Google CEO Eric Schmidt has named his failure to get into social media as the biggest mistake of his tenure. In an appearance on the In Good Company podcast with Nicolai Tangen, he said Google had briefly held a lead before Facebook overtook it. Schmidt accepted personal responsibility for the miss, noting that Google's efforts through Orkut and Google+ failed to close the gap. He identified being too slow to act as his greatest personal shortcoming.
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