The thing that people seem to miss about not just Google, but also our competitors, Yahoo, eBay and so forth, is that there's an awful lot of communities that have never been served by traditional media.

Schmidt left Novell after the acquisition of Cambridge Technology Partners. Schmidt had legal responsibilities typically assigned to the CEO of a public company and focused on management of the vice presidents and the sales organization. He succeeded founding chairman James Fallows in 2008.

Eric Emerson Schmidt (born April 27 1955) is an American software engineer businessman and the Executive Chairman of Google. 5 billion.