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Nearly a year and a half after stepping down as YouTube CEO, legendary tech mogul and "Google's goddess of wealth" Susan Wojcicki died of lung cancer at the age of 56.

Died of lung cancer at the age of 56

On August 9th local time, Dennis Tropper, husband of former Google executive and former YouTube CEO Susan Wojcicki, and Google CEO Sundar Pichai wrote that Susan Wojcicki had unfortunately passed away at the age of 56 after a two-year battle with lung cancer.

"I am deeply saddened to learn that my dear friend Susan Wojcicki has passed away after a two-year battle with cancer," said Sundar Pichai. "She was a central figure in Google's history, and it's hard to imagine a world without her."

Sundar Pichai also said in a letter to Google employees that Susan Wojcicki used her position to create a better workplace for everyone. She was the first woman to take maternity leave at Google. The parental leave she advocated set a new standard for companies around the world.

Resigned as YouTube CEO last year

Public information shows that Susan Wojcicki was born in 1968, graduated from Harvard University, and holds a master's degree in economics from the University of California, Santa Cruz and a master's degree in business administration from the University of California.

In 1998, Susan Wojcicki rented her garage to two Stanford University students, Larry Page and Sergey Brin, who founded Google in her garage. In 1999, Susan Wojcicki resigned from Intel and joined Google, becoming Google's 18th employee.

Susan Wojcicki's initial work included adjusting the Google logo and improving the appearance of the homepage. She then worked in the advertising and product analysis departments and participated in several key projects, including leading the development of AdSense in 2003, a revolutionary Internet advertising service that mainly analyzes web page content through programs and then places ads related to the web page content to make profits. By 2014, Google's revenue reached $60 billion, of which advertising revenue accounted for more than 90%.

Susan Wojcicki was also responsible for two major acquisition projects at Google: the acquisition of YouTube for $1.65 billion in 2006 and the acquisition of advertising company DoubleClick for $3.1 billion in 2007.

In October 2010, Susan Wojcicki was promoted to senior vice president of Google; in February 2014, Susan Wojcicki became CEO of YouTube and served in the position for 9 years until she stepped down in February 2023. Since then, she has served as an advisor to Google and Alphabet.

Although Susan Wojcicki is known as the "Google Goddess of Wealth" and plays an important role in Google, she is a very low-key person and was once called by the media "the most important Googler you've never heard of."

Former Google CEO Eric Schmidt once said that Susan Wojcicki's quick and bold thinking is admirable, and she is extremely influential in the company and even in Silicon Valley. Since 2011, Susan Wojcicki has been selected as one of the "100 Most Influential Women of the Year" by Forbes magazine every year.

Susan Wojcicki and her husband had five children. In February this year, her 19-year-old son Marco Tropper was found dead in a dormitory at the University of California, Berkeley, suspected of being related to drug overdose.

Google's financial report released recently shows that the company's total revenue in the second quarter of this year was 84.742 billion US dollars, a year-on-year increase of 13.59%; net profit was 23.619 billion US dollars, a year-on-year increase of 28.59%. Among them, Google search and other income was 48.509 billion US dollars, a year-on-year increase of 13.8%; YouTube advertising revenue was 8.663 billion US dollars, a year-on-year increase of 13%.

Although Google's second-quarter revenue and diluted earnings per share exceeded analysts' expectations, YouTube advertising and revenue failed to meet expectations, which caused its stock price to plummet.

As for the slowdown in YouTube advertising growth, the company's management attributed it to the high year-on-year base in the second quarter. The high base came from the fact that Asia-Pacific retailers began advertising on YouTube in the second quarter of last year, and the base bonus period ended in the second quarter of this year.

Column Editor: Qin Hong Text Editor: Lu Xiaochuan Title Image Source: Shangguan Title Image

Source: Author: China Fund News