Air India also played a major role in the 1990 evacuations from Kuwait. Considered to be the largest civilian evacuation, airlifting 170,000 Indians stranded in Kuwait.
Met the founder of a startup accelerator in Singapore and shared my idea. His first question - "will it be a billion dollar company?" I said no but has the potential to scale to a few million dollars and his reply was - "then its not a startup but just a lifestyle business."
The intent is faster speed, greater independence and run like leaner startup. Also, additional career paths for employees, especially for the senior folks aspiring to be CEO.
True story. Rather than speed, I'd say independence is the goal. Warren & Charlie (BRK) have proven that this model works - purchase great companies, then let them continue to do their thing (albeit with more resources). All roads report up, but Dairy Queen doesn't wind up run by the same person as GEICO on the executive level.
So long as Sergey and Larry (& Co.) keep from micro-managing, I think this structure will be enormously beneficial. I can't see how someone running Google's web properties would be able to move quickly when also having a hands-on responsibility for developing a self-driving car and a glucose-sensing contact lens.
I was thinking about that while responding but then you run into the same issue: how do you know the reviewer is any good? It's kind of like on the home improvement shows when the new home buyers buy a house and realize it's a money pit and they all say, "but we paid for an inspection!" At some point there needs to be a trusted party and I personally don't trust any vendor until they've proven their worth to me- then I go back to them without hesitation. eLance/ODesk try and address this with reputation and customer feedback, which is probably as useful and valuable as some third party of unknown reputation.
Names with dropped vowels look like typos, typos relate to sloppy work, so that's an association you get with a name like this. You then have to put in extra work to undo it. Can it be undone? Sure, but why create this hurdle in the first place?
