Organization
Google | Success story of world’s biggest search engine
Google is a multinational technology company that specializes in Internet-related services and products. These include search, cloud computing, software, and online advertising technologies. Google was founded by Larry Page and Sergey Brin while they were students at Stanford University.
Google’s mission is “to organize the world’s information and make it universally accessible and useful.” The company’s products and services include the Google Search engine, Google Maps, Google Docs, Google Drive, and the Android mobile operating system, among others. Google is one of the most valuable and recognizable brands in the world, and it has a strong presence in the technology industry.
Google History
The company was founded in 1998 by Sergey Brin and Larry Page in a garage in Menlo Park, California, United States. They initially called their search engine “Backrub” before changing the name to Google, a play on the word “googol,” which refers to the number represented by 1 followed by 100 zeros.
In September 1998, Google received its first round of funding, and the company was incorporated the following year. The company quickly gained popularity due to the high quality of its search results, and it became the dominant search engine on the web. In 2002, Google launched Google News, a service that aggregates news articles from various sources. In 2004, the company launched Gmail, a free email service with a large storage capacity.
How Larry Get Idea to create Google
The idea for Backrub came from Page’s desire to create a search engine that could understand the relationships between different websites and use that understanding to rank search results. At the time, most search engines ranked results based on the number of times a particular search term appeared on a webpage. Page believed that this approach was flawed and that a search engine that could understand the relationships between websites would be more useful to users.
To test their idea, Page and Brin developed a prototype of their search engine and used it to search for information about various topics. They found that their search engine returned results that were more relevant and useful than those provided by other search engines. Encouraged by this success, they continued to develop and improve their search engine, eventually renaming it Google.
Way Towards Success
In 2004, the company held its first public offering. This offering was a huge success and the company reaped huge investments. After the investment, both founders became the youngest billionaires. The majority of its revenue (more than 70 percent) is generated through advertising alone.
Google Investors
Google has had a number of investors over the years, including venture capital firms and individual investors. Here is a list of some notable investors in Google, along with the year of their investment and a brief description:
| Investors | Description |
| Andy Bechtolsheim (1998) | Andy Bechtolsheim is a co-founder of Sun Microsystems and one of Google’s first investors. He provided the company’s first round of funding in September 1998, writing a check for $100,000 to “Google, Inc.” (although at the time, the company was still called “Backrub”). |
| Kleiner Perkins (1999) | Kleiner Perkins is a venture capital firm that invested in Google in 1999. The firm has a long history of investing in technology companies and has backed a number of successful startups, including Amazon and Google. |
| Sequoia Capital (1999) | Sequoia Capital is a venture capital firm that invested in Google in 1999. The firm is known for its early investments in technology companies and has backed a number of successful startups, including Apple, Google, and Oracle. |
| Ram Shriram (1999) | Ram Shriram is an entrepreneur and investor who was one of the first investors in Google. He served as a member of Google’s board of directors until 2004 and is currently a board member at Sherpalo Ventures, a venture capital firm he co-founded. |
| Larry Page and Sergey Brin (1998) | Larry Page and Sergey Brin, the founders of Google, were also early investors in the company. They provided the initial funding for the company and have remained active in the company’s leadership and management. |
| John Doerr (1999) | John Doerr is a partner at Kleiner Perkins and one of Google’s early investors. He has served on Google’s board of directors and has played a key role in the company’s success. |
| Michael Moritz (1999) | Michael Moritz is a venture capitalist and one of Google’s early investors. He was a board member at Google from 1999 to 2000 and has served as an advisor to the company. |
| David Cheriton (1999) | David Cheriton is a computer science professor and one of Google’s early investors. He was an early advisor to the company and served as a board member from 1999 to 2004. |
| Jeff Bezos (1998) | Jeff Bezos, the founder and CEO of Amazon, was an early investor in Google. He provided the company with its first round of funding in 1998 and served as a board member until 2004. |
| Eric Schmidt (2001) | Eric Schmidt is an entrepreneur and technology executive who served as the CEO of Google from 2001 to 2011. He was also an early investor in the company and served as a board member until 2018. |
| The Carlyle Group (2004) | The Carlyle Group is a private equity firm that invested in Google in 2004. The firm has a long history of investing in technology companies and has backed a number of successful startups. |
| Fidelity Investments (2004) | Fidelity Investments is a financial services company that invested in Google in 2004. The company has a large investment portfolio that includes a number of technology companies. |
| Summit Partners (2005) | Summit Partners is a private equity and venture capital firm that invested in Google in 2005. The firm has a long history of investing in technology companies and has backed a number of successful startups. |
| Kleiner Perkins (2008) | Kleiner Perkins is a venture capital firm that invested in Google in 2008. The firm has a long history of investing in technology companies and has backed a number of successful startups, including Amazon and Google. |
| CapitalG (2014) | CapitalG is a venture capital firm that invested in Google in 2014. The firm has a focus on technology investments and has backed a number of successful startups. |
Services Offered
The company is mainly and popularly used as a search engine but along with that, it offers many other services. The company generates revenue from ads which include sales of apps, purchases made in-app, digital content products on Google and YouTube, Android and licensing and service fees, including fees received for Google Cloud offerings.
It also offers many great customer services like Google Chrome, Gmail, Google Translate, Google Drive, Google Maps, Google Ads, and many more. In 2015, the co-founders announced the creation of a new parent company, Alphabet Inc. In 2010, company launched its first android phone, Nexus One. 2011, they launched the Chromebook which runs on Chrome OS. It also provides internet services under the name Project FI. It offers both Wi-Fi and cellular networks from different telecommunication providers to enable seamless connectivity and fast Internet signal.
Google Acquisition
| Company | Acquisitions |
| YouTube (2006) | Acquired YouTube, a popular video sharing website, for $1.65 billion. |
| DoubleClick (2007) | Acquired DoubleClick, a digital advertising company, for $3.1 billion. |
| Waze (2013) | Acquired Waze, a crowd-sourced navigation app, for $966 million. |
| DeepMind (2014) | Acquired DeepMind, a artificial intelligence research company, for an undisclosed sum. |
| Kaggle (2017): | Acquired Kaggle, a data science and machine learning community, for an undisclosed sum. |
| Fitbit (2019) | Announced it would acquire Fitbit, a wearable fitness tracker company, for $2.1 billion. |
| Looker (2019) | Acquired Looker, a data analytics platform, for $2.6 billion. |
| Lookout (2020) | Acquired Lookout, a cybersecurity company, for $1 billion. |
| North (2020) | Acquired North, a maker of smart glasses, for an undisclosed sum. |
| Pointy (2020) | Acquired Pointy, a retail technology company, for an undisclosed sum. |
| AdMob (2010) | Google acquired AdMob, a mobile advertising platform, for $750 million. |
Philanthrophy
Apart from being a multi-national company also runs a non-profit organization by the name, of Google.org. The company’s organization concentrates on developing renewable energies, reducing poverty and providing education to the masses.
Google’s Revenue
| Year | Revenue |
|---|---|
| 2002 | $1.5 billion |
| 2003 | $2.72 billion |
| 2004 | $3.19 billion |
| 2005 | $6.14 billion |
| 2006 | $10.6 billion |
| 2007 | $16.6 billion |
| 2008 | $21.8 billion |
| 2009 | $23.6 billion |
| 2010 | $29.3 billion |
| 2011 | $37.9 billion |
| 2012 | $50.2 billion |
| 2013 | $55.5 billion |
| 2014 | $66.0 billion |
| 2015 | $75.0 billion |
| 2016 | $90.3 billion |
| 2017 | $110.8 billion |
| 2018 | $136.8 billion |
| 2019 | $162.9 billion |
| 2020 | $182.8 billion |
| 2021 | $199.8 billion |
Sundar Pichai contribution
Sunder Pichai joined Google in 2004 as a product manager, and he has played a key role in the development and success of several of the company’s products, including Google Chrome, Google Drive, and Google Maps. He has also overseen the development of the Android operating system, which is used on the majority of the world’s smartphones.
Under Pichai’s leadership, Google has continued to innovate and expand its product offerings, with a focus on artificial intelligence, machine learning, and cloud computing. Pichai has also worked to improve the company’s relationships with governments, regulators, and other stakeholders. He has played a central role in shaping Google’s corporate culture and values.
Interesting Facts About Google
- The name “Google” is derived from the word “googol,” which refers to the number represented by 1 followed by 100 zeros. The name was chosen to reflect the company’s mission to organize the vast amount of information available on the internet.
- Google’s original homepage was simple and sparse, with a logo and a search box. The logo was designed by Sergey Brin, who used a free graphics program called GIMP to create it.
- Google’s first office was a rented garage in Menlo Park, California. The company has since grown to become one of the most valuable and recognizable brands in the world, with offices and employees all over the globe.
- Google has a tradition of hiding “Easter eggs,” or hidden features, in its products and services. For example, if you type “Do a barrel roll” into the Google search bar, the search results page will perform a 360-degree roll.
- Google has a fleet of self-driving cars that have been tested on public roads in several cities. The company’s goal is to develop technology that can be used to reduce the number of car accidents caused by human error.
- Google has a pet T-Rex skeleton on display at its headquarters in Mountain View, California. The skeleton was discovered in 2013 at a construction site near the Google campus and was named “Stan” after the paleontologist who discovered it.
- Google has a policy of allowing its employees to use 20% of their work time for personal projects. This policy has led to the development of several successful products, including Gmail and Google News.
Is everything in Google free?
Every Account comes with 15 GB of cloud storage at no charge, which is shared across Drive, Gmail, and Photos.
Is Google Assistant a real person?
Google Assistant is a virtual assistant software application developed by the company.