The history of google is very interesting. Larry Page and Sergey Brin create world history that’s ‘Google’ on September 4, 1998, while still a Ph.D. student at Stanford University.
Google was created by these two-person – which is now one of the most valuable companies and search engine in the world.
Google LLC or Google Limited Liability Company is an American multinational technology company specializing in Internet-based services and products. This company controls 14 percent of the stock and 56 percent of the stockholders through special supervisory powers. On September 4, 1997, they incorporated Google as a private company.
History Of Google
Larry Page and Sergey Brin, two Ph.D. students at Stanford University in California, began working on the project that was begun in 1996. The search engines of the time sorted the results based on how many times a topic was brought to the search engine page.
Their theory, then, a search engine to make any new strategy rather than tactics, which shows the results of analyzing the correlation between the websites, the better results can be found in. They call it PageRank.
Page and Brin initially named the new search engine “BackRab” because it used this system to verify site backlinks to determine how important that site was. They later changed the name to Google, which came from the misspelled “googol”. This meant one hundred zeros behind a number. It was then chosen as the name because they wanted to emphasize the importance of providing a large amount of information to search engines. First, Google operated under the Stanford University website whose addresses were google.stanford.edu and z.stanford.edu
The domain name Google was registered on September 15, 1997, and debuted as a corporation on September 4, 1998. It was run from the garage of a friend of theirs named Suzanne Ozchichki. He lived in Craig Silverstein, Menlo Park, California. The first recruit was a student with a Stanford Fellow Ph.D. degree.
On September 4, 1998, Larry Page and Sergey Brin founded Google as a private limited company. On August 29, 2004, it became a public limited company. Google has been able to constantly increase its size and usefulness by constantly adding new products and services.
At the same time, they have enriched their diversity by buying new companies, consolidating with themselves, partnering with different organizations, and consolidating their position in the advertising world. As a result, in addition to searching for information, Google now has services for email, social networking, video sharing, office productivity, etc.
Google’s IPO was released on August 19, 2004, five years later. During this time, Larry Page, Sergey Brin, and Eric Schmidt agreed to work together at Google for 20 years. company issued 19,605,052 shares at $85 each. shares were sold at an online auction.
The arrangement was made by Morgan Stanley and Credit Suisse who were the underwriters of the contract. $ 1.67 billion, Google’s market capitalization stands as a result of the sale of 23 billion.
As of January 2014, its market capitalization has grown to 397 billion. Google owns about 271 million of the major shares, and many Google employees quickly become millionaires. Yahoo before Google’s IPO! Got some Google shares. If Yahoo leaves the IPO later! It gained 8.4 million shares.
In March 1999, the company moved its office to Palo Alto, California, where many of the leading technology companies began operating. The following year, despite Page and Brin’s objections, an ad-funded search engine was launched. Google started selling keyword-based ads. The ads are text-based to keep the search page fast and clear. Keywords were sold at auction rates and based on how many clicks fell, the auction would start at five cents per click.
This model of selling keyword-based ads first comes from Goto.com which was the first line in that case. It was created by Idealab’s Bill Gross. When the company changed its name to Overture Services, it sued Google for patenting their pay-per-click and auction methods.
Overture service Yahoo! Bought and changed the name Yahoo! Search keeps marketing. The case was settled out of court; Google shares some of its common yahoos! In exchange for paying the company, they get a license to use the method.