David Drummond (Google SVP Corporate Development) – Platform Summit Keynote Address (Nov 2015)


Chapters

00:00:08 Early Life and Career of a Tech Industry Legal Pioneer
00:09:39 Google's Corporate Development and Venture Strategies: A Mix of Strategic Partnerships and Innovation
00:17:09 The Evolving Landscape of Technology: From Artificial Intelligence to Curing Death
00:28:25 Intellectual Property Law: A Balanced Approach for Innovation and Protection
00:36:31 Google's Evolution: From Unified to Independent Companies
00:39:40 Addressing Diversity and Innovation in the Tech Industry

Abstract

David Drummond: Shaping Google’s Future, Championing Diversity in Tech, and Leading Intellectual Property Advocacy

David Drummond, a key figure in Google’s ascension and its parent company Alphabet, embodies a journey of resilience, innovation, advocacy for diversity, and a champion for balanced intellectual property laws. Growing up as the son of a Tuskegee Airman in Monterey, California, Drummond faced racial challenges that shaped his understanding of civil rights. His legal prowess, evident from his rapid rise at Wilson Sonsini, and his subsequent pivotal role in Google’s formation, including involvement in corporate development and Google Ventures, mark significant contributions to the tech giant’s strategy. Moreover, Drummond’s voice in intellectual property law, focusing on the need for balance between protection and innovation, and his efforts to foster diversity in tech reflect a commitment to creating an inclusive innovation landscape.

Early Life and Influences:

David Drummond’s early years were marked by the inspiring legacy of his father, a Tuskegee Airman, and experiences of racial discrimination in Monterey. These experiences instilled in him a deep appreciation for civil rights and resilience. During this time, despite facing discrimination, he found support and grounding in the local African-American community.

Legal Career and Rise at Wilson Sonsini:

Drummond’s career trajectory took off at Wilson Sonsini, where he specialized in tech law. His interest in innovation and entrepreneurship was fueled by his work with tech startups, leading to a rapid ascension to partnership in 10 years.

Encounter with Google and Founding Involvement:

A chance encounter with Google’s founders, Larry Page and Sergey Brin, at Wilson Sonsini, led to Drummond’s instrumental role in establishing Google Inc. After a client wrote them a check for $100,000, impressed by their search engine, Drummond set up Google Inc. for them. He continued to serve as Google’s outside counsel, even after Larry Page transitioned to another role and Eric Schmidt became CEO.

Transition to Google and Executive Role:

Drummond’s transition to Google in 2002 marked a new chapter, where he played a critical role in the company’s growth, especially during the period of leadership transition from Larry Page to Eric Schmidt. During this time, after persistent persuasion from Larry Page, Sergey Brin, and Omid Kordestani, Drummond eventually agreed to join Google. He left his partnership at Wilson Sonsini to become Google’s in-house counsel.

Larry and Sergey’s Vision:

The founders of Google, Larry Page and Sergey Brin, possessed a transformative vision for their search engine, viewing it as a catalyst for global change beyond its functional utility. From the early days, they demonstrated a strong belief in the transformative potential of their search engine and envisioned the company’s impact as game-changing and earth-changing.

David Drummond’s Role at Google:

Drummond’s contributions at Google evolved from deal lawyer to a strategic partner, overseeing acquisitions, business development, government relations, and Google Ventures. As the company grew, his portfolio expanded to include corporate development, business development, and government relations. He eventually became responsible for Google Ventures and Google Capital, the company’s venture capital arms.

Corporate Development and Venture Strategy:

Drummond’s influence extended to Google’s corporate development and venture strategy. He played a key role in acquiring companies that strategically aligned with Google’s vision and invested in promising startups through Google Ventures. Drummond emphasized the need for a strategic approach to corporate development, avoiding being a mere order taker. He advocated for collaboration with business units to identify strategic needs and opportunities for acquisitions and investments.

Professionalizing Investments:

Recognizing the need for a more structured approach to investments, Drummond established Google Ventures as a professional venture capital firm, enhancing accountability and expertise in managing investments. This shift allowed Google to make more strategic and focused minority investments, supporting startups with potential for long-term success.

Intellectual Property Law:

Drummond has been an advocate for fair intellectual property law, criticizing the extension of software patents and copyright provisions that he believes stifle innovation. He has spoken out against the extension of software patents and copyright provisions that he believes stifle innovation. Drummond’s stance on intellectual property law is rooted in his understanding of the role it plays in fostering creativity and innovation, particularly for people of color. He highlights the importance of intellectual property law in providing protection for creative works and inventions, especially in a digital world where ideas and innovations can be easily replicated. However, he emphasizes the need for balance, ensuring that intellectual property rights do not hinder further innovation and stifle the growth of new ideas.

Google’s Challenges in Europe:

Drummond has defended Google against legal investigations in Europe, arguing that the company’s search practices are designed for users’ benefit and advocating for a fair resolution to ongoing disputes. He has defended Google against legal investigations in Europe, arguing that the company’s search practices are designed for users’ benefit and advocating for a fair resolution to ongoing disputes. In the European legal challenges, Drummond emphasizes that Google’s search results prioritize the user experience and aim to provide the most relevant and helpful information. He maintains that Google’s practices are not intended to favor its own products over competitors’ websites and that users have the freedom to access alternative sources of information.

Organizational Changes:

Under the leadership of Eric Schmidt and Larry Page, Google underwent significant organizational restructuring, moving from a horizontal to a vertical structure to enhance focus and accountability. A major organizational change was the move from a horizontal to a vertical structure, which enhanced focus and accountability.

Focus on Innovation:

Larry Page’s emphasis on ambitious projects led to the creation of Google X, a division dedicated to ‘moonshot’ initiatives, symbolizing Google’s commitment to innovation. Larry Page emphasized ambitious projects, leading to the creation of Google X, a division dedicated to ‘moonshot’ initiatives, symbolizing Google’s commitment to innovation.

Alphabet’s Formation and Philosophy:

The establishment of Alphabet as an umbrella organization allowed Google to foster independent companies focusing on diverse areas, from transportation to healthcare. This diversification reflects Google’s philosophy of solving problems with technology. Software remains a unifying element in Alphabet’s diverse ventures, aligning with the company’s expertise in creating scalable solutions.

David Drummond’s Role at Alphabet:

At Alphabet, Drummond focuses on integrating the various companies, overseeing their success, and managing investments through Google Ventures and Google Capital. He focuses on integrating the various companies, overseeing their success, and managing investments through Google Ventures and Google Capital.

Diversity in Tech:

As the most senior black executive at Google, Drummond champions diversity, seeing his role as an opportunity to bring unique perspectives to the tech industry and inspire others. Drummond envisions technology as a democratizing force in education, essential for fostering a diverse innovation economy. He anticipates a transformative wave in business and educational opportunities, reshaping the tech landscape. Drummond’s commitment to diversity in tech extends beyond his role at Google. He recognizes the importance of technology in democratizing education and creating a more inclusive innovation economy. He believes that by making education more accessible through technology, barriers to entry in the tech industry can be lowered, allowing more individuals from diverse backgrounds to participate and succeed.



David Drummond’s journey from his early life in Monterey to his influential roles at Google and Alphabet encapsulates a remarkable blend of legal acumen, strategic insight, a commitment to diversity and ethical practice in technology, and a balanced approach to intellectual property law. His contributions have been pivotal in shaping Google’s strategic approach to acquisitions, investments, and technological advancements, while his advocacy for a more inclusive tech industry sets a precedent for future generations. Drummond’s legacy is not only in the deals he brokered or the structures he helped build but also in the broader impact he has had on shaping a more equitable and diverse technological future.


Notes by: Hephaestus