When you want to talk about a successful company, you will hardly find a better option than Google. In this sample, we are going to disclose some interesting information that could inspire you to create a masterpiece on your own.
Google is one of the most used and well-known companies across the globe. Whether you are young or old, you have heard this name. How did they come to be and how did they shoot to stardom almost overnight? Their story is interesting, inspirational, and intriguing.
Stanford University in March of 1996 is where the story begins (Battelle, 2005). Two PhD students, Larry Page and Sergey Brin, needed a research project for Page’s dissertation. They focused on the mathematical properties of the web, essentially exploring how valuable it would be for web pages to know their traffic location (Wikipedia, 2017, History of Google.). The explanation is extremely technical when not broken down into basic terms.
Page used his own home page from Stanford as the initial starting point. To convert the data into usable, measurable information; they created an algorithm named PageRank. They believed that a search most relevant results were ones that included links directly to them from other web pages.
Immediately, Google was popular with web users. They found it simple to navigate and were happy with how relevant their search term results were. The next logical step was an expansion but neither Page nor Brin had millions to invest. Looking for investors, they received their first $100,000 from the co-founder of Sun Microsystems, Andy Bechtolsheim. Roughly one year later, they received $25,000,000 in equity funding. They went public in 2004, realizing a market capitalization of approximately $23,000,000,000!
Acquisitions were next for the tech giant who had an estimated worth of $350,000,000,000 by the end of 2015 (Their Net Work, n.d.). Since 2010, Google acquires one company per week on average. Among the best-known names now under Google are YouTube, Motorola Mobility, Adscape, reCAPTCHA, and Android Inc (Wikipedia, 2017, List of Acquisitions and Mergers). The main way Google earns income is from program advertising revenue – Adwords (Who Founded Google, 2008).
Purchases and mergers are not the only way Google is expanding. They are constantly creating new applications and rolling out newer versions of old favorites; such as Google Maps, Google Sheets, Google+, and many others. They are steadily looking for ways to make improvements to all of their products and services, resulting in an ever-changing technological landscape that can only benefit everyone.
September 15, 1997, was the date google.com registered as a domain. Just less than a year later, Google officially incorporated; working out of a friend’s garage. From their humble garage beginnings, Google just keeps on expanding. Their main corporate office is still located in California, but they have additional offices in more than forty countries (About Us, n.d) and everyone wants to work for them. More than 72,000 people are employed and they have ranked number one on Fortune’s list of best companies to work for in the last six years running (Google, 2017). Google is without a doubt the quintessential rags to riches story. From a garage space to the multi-billion worth, is truly amazing. Proving that determination grows success.
- About Us. (n.d.). Google. https://www.google.ca/about/
- Battelle, J. (2005) The Birth of Google. https://www.wired.com/2005/08/battelle.
- Google. (2017). 2017 Top 100 Companies to Work For. http://fortune.com/best-companies/google/
- Their Net Worth. (n.d.). Google’s Net Worth. http://www.theirnetworth.com/Businesses/Google/
- Who Founded Google. (2008). http://wanttoknowit.com/who-founded-google/
- Wikipedia. (2017) History of Google. https://en.wikipedia.org/wiki/History_of_Google
- Wikipedia. (2017). List of Acquisitions and Mergers. https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Alphabet