Initial Funding
The strategy worked, and after more development, the Google search engine eventually turned into a hot commodity. Sun Microsystems co-founder Andy Bechtolsheim was so impressed that after a quick demo of Google, he told the pair, "Instead of us discussing all the details, why don't I just write you a check?"
Bechtolsheim's check was for $100,000 and was made out to Google Inc., despite the fact that Google as a legal entity did not exist yet. That next step didn't take long, however. Page and Brin incorporated on September 4, 1998. The check also enabled them to raise $900,000 more for their initial round of funding. Other angel investors included Amazon.com founder Jeff Bezos.
With sufficient funds, Google Inc. opened its first office in
Menlo Park, California.
Google.com, a beta (test status) search engine, was launched and answered 10,000 search queries every day. On September 21, 1999, Google officially removed the beta from its title.
Rise to Prominence
In 2001, Google filed for and received a patent for its PageRank technology that listed Larry Page as the inventor. By then, the company had relocated to a larger
During the period of rapid growth, the company introduced a variety of products, including Gmail, Google Docs, Google Drive, Google Voice, and a web browser called Chrome. It also acquired streaming video platform YouTube and Blogger.com. More recently, there have been forays into different sectors. Some examples are Nexus (smartphones), Android (mobile operating system), Pixel (mobile computer hardware), a smart speaker (Google Home), broadband (Google Fi), Chromebooks, (laptops), Stadia (gaming), self-driving cars, and numerous other ventures. Advertising revenue generated by search requests remains its biggest earnings driver, however.
In 2015, Google underwent a restructuring of divisions and personnel under the conglomerate name Alphabet. Sergey Brin became president of the newly formed parent company, while Larry Page is the CEO. His position at Google was filled with the promotion of Sundar Pichai. Collectively, Alphabet and its subsidiaries consistently rank among the top 10 most valuable companies in the world. It's often also cited among the most influential and admired companies, as well.
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