What is google Google is the worlds most popular search engine. It began as a search project in 1996 by Larry Page andSergey Brin, who were two Ph.D. students at StanfordUniversity. They developed a search engine algorithm that ranked Web pages not just by content and keywords,
HISTORY. Everyone knows the name Google. Whether young or old, computer smart or not this name will pop up in any conversation about computers. Google has created some very impressive milestones of its time and continues to grow rapidly every day. It all started when Larry Page and Sergey Brin met in Stanford. Larry was 22 and a graduate of University of Michigan was there considering attending the school. And low and behold Sergey, who was 21, was there to show him around. Talk about a match made in heaven!
Cont……calling it Google. The name comes from a mathematical term for the number 1 followed by 100 zero’s. The use of the term reflects their mission to organize a seemingly infinite amount of information on the web.
HISTORY• Google began in March 1998 as a research project by Larry Page and Sergey Brin, Ph.D. students at Stanford working on the Stanford Digital• . Library Project (SDLP). The SDLPs goal was “to develop the enabling technologies for a single, integrated and universal digital library• ." and was funded through the National Science Foundation among other federal agencies.• In search for a dissertation theme, Page considered—mong other things— exploring the mathematical properties of the World Wide Web understanding its link structure as a huge graph.• His supervisor Terry Winograd encouraged him to pick this idea (which Page later recalled as "the best advice I ever got") and Page focused on the problem of finding out which web pages link to a given page• , considering the number and nature of such backlinks to be valuable information about that page (with the role of citations in academic publishing in mind). In his research project, nicknamed "BackRub", he was soon joined by Sergey Brin, a fellow Stanford Ph.D. student supported by a National Science Foundation Graduate Fellowship
• By the end of 1998, Google had an index of about 60 million pages. The home page was still marked "BETA", but an article in Salon.com already argued that Googles search results were better than those of competitors like Hotbot or Excite.com, and praised it for being more technologically innovative than the overloaded portal sites (like Yahoo!, Excite.com, Lycos, Netscapes Netcenter, AOL.com, Go.com and MSN.com) which at that time, during the growing dot-com bubble, were seen as "the future of the Web", especially by stock market investors.
Financing and initial public offering• The first funding for Google as a company was secured on August 1998 in the form of a $100,000USD contribution from Andy Bechtolsheim, co- founder of Sun Microsystems, given to a corporation which did not yet exist.• On June 7, 1999, a round of equity funding totalling $25 million was announced; the major investors being rival venture capital firms Kleiner Perkins Caufield & Byers and Sequoia Capital.• While Google still needed a lot of funding for their further expansion, Brin and Page were hesitant to take the company public even though that would basically solve most of their financial issues. They were not ready to give up their control over Google. After borrowing the $25 million venture capital money from Kleiner Perkins Caufield & Byers and Sequoia Capital, Sequoia forced Brin and Page to hire a CEO or else they would take back that borrowed $12.5 million. Finally, Brin and Page gave in and hired Eric Schmidt as Google’s first CEO in March 2001 and the company went public three years later
In October 2003, while discussing a possible initial public offering of shares (IPO), Microsoft approached the company about a possible partnership or merger. However, no such deal ever materialized. In January 2004, Google announced the hiring of Morgan Stanley and Goldman Sachs Group to arrange an IPO. The IPO was projected to raise as much as $4 billion
GROWTH• In October 2003, while discussing a possible initial public offering of shares (IPO), Microsoft approached the company about a possible partnership or merger. However, no such deal ever materialized. In January 2004, Google announced the hiring of Morgan Stanley and Goldman Sachs Group to arrange an IPO. The IPO was projected to raise as much as $4 billion