All You Need to Learn About Google’s Past
Published: 2023-01-23 04:44:47


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Google LLC, formerly Google Inc. (1998-197), American search engine company founded by Sergey Brin, Larry Page and is now part of Alphabet Inc. Its headquarters is located in Mountain View, California.

Google was founded as an online search company. However, it offers over 50 Internet services and products. These include e-mail, online document creation, and software for mobile phones and tablets. It also acquired Motorola Mobility in 2012, which enabled it to sell mobile phones as hardware. Google, with its large product portfolio and market share, is one of the most influential companies in high-tech. It also ranks alongside Apple, IBM and Microsoft. Google's original search engine is still the key to its success, despite all of the products it offers. Alphabet made nearly all its revenue in 2016 from Google ads based on search queries.

**Google invests**

The check was initially not able to be deposited because it was made out for "Google Inc." There wasn't any legal entity with this name at the time. Page kept the check in his desk drawer for 2 weeks, while Brin tried to find other investors and set up a corporation.

You might like Google's doodles. The very first was the "Burning Man", the famous icon. This icon was created in August 1998 to inform users about the location of the team for the following few days. It's a nice touch.

Google was founded as a private company on September 4, 1998. Bechtolsheim's money was finally deposited by the founders when they opened a bank account.

Google's first office was, in a classic way, a friend's garage located in Menlo Park. It also came with a remote control for the garage door.

Google also hired Craig Silverstein as its first employee. He stayed with Google for over ten years and then joined Khan Academy, another startup.

Google moved its humble garage to a new location at 165 University Avenue in Palo Alto in 1999. They had eight employees at the time. Yoshka, the dog who was their most important member of the team, joined them at this time.

Charlie Ayers, Google's first chef, was also hired. He was a former celebrity chef who served the Grateful Dead. Ayers, his five-chef team and 150 employees had served 4,000 meals per day by the time he quit Google in 2006.

**Looking for a business?**

Brin and Page started receiving outside financing in mid-1998. Andy Bechtolsheim, who was also a cofounder at Sun Microsystems, Inc., was one of their first investors. After raising about $1 million from family and friends, they opened a Menlo Park office in California under the name Google. This was a misspelling Page's originally planned name, googol, which is a mathematical term for the number 1 followed by 100 zeroes. Google was processing over 500,000 queries daily by the time it received $25 million in venture capital funding. When Google became the client search engine of Yahoo!, the activity exploded. When Yahoo!! By 2004, when Yahoo! This growth continued, with Google handling over three billion searches each day by 2011. Google became an omnipresent company name.

In 2004, the company's first public offering (IPO), raised $1.66 million for the company. Page and Brin became instant billionaires. The IPO made 7 billionaires and 900,000,000aires out of the stockholders. Because of its unusual handling, the stock offering was also a big deal. The public auction was intended to place average investors on equal footing with professionals in the financial sector. In 2006, Google was added to Standard and Poor's 500 stock index (S&P 500). Google was the US's largest company, with a market capitalization of $2.5 trillion in 2012.

Google was reorganized in August 2015 and became a subsidiary under the holding company Alphabet Inc. Internet searches, advertising, apps and maps as well as the mobile OS Android and YouTube were all kept under Google. Alphabet now has separate Google ventures, including Calico, a longevity research company, Nest home-products company, and Google X research lab. Page was elected CEO of Alphabet. Brin became its president and Schmidt was its executive chairman. Sundar Pichai (senior vice president of products) was elected Google's new CEO. In 2017, Alphabet reorganized to create XXVI Holdings, an intermediate holding company, and convert Google into a limited-liability company (LLC). Schmidt was elected executive chairman in 2018. In 2019, there were more changes as Page and Brin resigned from their positions as CEO and president, respectively. Both were still on Alphabet’s board of directors. Pichai was appointed CEO of the holding company, while also retaining his position at Google.

**Advertising growth**

Google's impressive financial results reflect the rapid growth in Internet advertising and Google's popularity. Analysts attribute part of this success to the shift in advertising spending away from television and newspapers and magazines towards the Internet. American newspaper advertising declined from $64 billion to $20.7 billion in 2000, while global online advertising increased from $6 billion to $72 billion in 2001 to more than $72 trillion in 2011.

Google has spent large amounts to acquire what it considers significant Internet marketing benefits since its inception. In 2003, Google spent $102million to buy Applied Semantics (the makers of AdSense), a service that allowed Web site owners to display various types of ads. Google paid $102 million again in 2006 for dMarc Broadcasting, a Web advertising business. In the same year, it also announced that it would pay $900,000,000 over three years to be able to sell ads on MySpace.com. Google's largest acquisition was DoubleClick, an online advertising company that it bought for $3.1 billion in 2007. The company then responded to the rapid growth of mobile applications with a $750million deal to purchase mobile advertising network Ad Mob. These purchases were part Google's attempt to diversify its search engine business to advertising. The company combined the information from several firms to create ads that are tailored to individual consumers.

**Other services**

- Youtube
- Gmail
- Google+
- Google Books
- Google Maps
- Google Earth
- Android operating system
- Social networks

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