When it IPO’d in 2004, Google described its startup ideal of “20 percent time,” where any employee could take a day’s worth of time out of the normal work week and come up with a cool project to work on. And it worked: Google came up with a lot of really cool stuff. So much cool stuff that Google, as a company, doesn’t really need 20 percent time anymore.

via Google’s 20 percent time is “as good as dead” because it doesn’t need it anymore | Ars Technica.