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Larry Page Explains Alphabet

Larry Page Explains Alphabet

“I want to push the envelope for what’s possible for an innovative company with large resources,” he told Fortune magazine’s Global Forum.

He said the new company will be a mix between a venture capital firm and billionaire investor Warren Buffett’s Berkshire Hathaway.

Page said there were aspects of Berkshire to Alphabet but it’s too early to tell how the new company will function. He credited co-founder Sergey Brin with coming up with the name Alphabet.