Google was founded in 1996 as a research project by PhD students Larry Page and Sergey Brin at Stanford University. They launched Google in 1998 with $100,000 in funding and grew it to 8 employees by 1999. Google now has over 53,000 employees, generates $50 billion in annual sales primarily from advertising, and is the dominant search engine in the United States with 65.6% market share.