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Google

Discussion in 'Internet Marketing' started by pradeep, May 6, 2005.

  1. pradeep

    pradeep Team Leader

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    Google is a play on the word googol, said to have been coined in the 1940s by Milton Sirotta, nine-year-old nephew of American mathematician Edward Kasner (1878 – 1955). It is equivalent to 10 raised to the power of 100 or in other words - 1 followed by 100 zeros. The name Google reflects the company's mission to organize the immense, seemingly infinite amount of information available on the web.

    The beginning

    Google's founders Larry Page and Sergey Brin, both graduates in computer science, met at Stanford University, California in 1995. Larry, then 24, was on a weekend visit from the University of Michigan and Sergey was 23, amongst a group of students showing him around. They apparently didn’t particularly hit it off, arguing strongly on several topics. However, they did find common ground in their approach to solving the colossal complex challenge of retrieving relevant information from an immense mass of data. Their mission became to organize the world's information in such a way as to make it universally accessible and useful.

    By January 1996, Larry Page and Sergey Brin had begun collaboration on a search engine called BackRub and just a year later its reputation as the new search technology was already growing.

    Finding a partner
    During the first half of 1998, Larry and Sergey continued on perfecting their technology. Having little interest in starting their own company, they then began looking for potential partners to license what they now considered to be the best search technology available. Despite the technology boom, interest in Google, as it was known by then, was very limited. Friend and Yahoo founder David Filo encouraged Larry and Sergey to start a search engine company and develop the service themselves.

    Go for it
    Unable to raise interest and find a partner, Larry and Sergey made the decision to go it alone. But they badly needed cash to move out of the dorm and pay off credit card debts run up for development. They postponed their Ph.D. plans, formulated a business plan and went in search of an investor. A faculty member put them in touch with Andy Bechtolsheim, one of the founders of Sun Microsystems.
    Following a Google demonstration, Andy immediately recognized its enormous potential. But being a busy man he had to leave in a hurry saying “I don’t have time to discuss details, why don’t I just write you a Cheque?” He made one out for $ 100,000 to Google Inc.

    Made it!
    This created a small problem. Google Inc. did not exist. The cheque couldn’t be turned into cash. So over the next couple of weeks, Larry and Sergey were busy with the task of setting up a company and finding other founders. Ultimately they raised almost $1 million.

    On 7 September 1998, Google Inc. opened its doors in Menlo Park, California. Its first employee was Craig Silverstein, now Google's director of technology.

    Google was already answering 10,000 search queries every day and in December 1998, PC Magazine named Google one of its Top 100 Web Sites and Search Engines. Google was moving up in the world. They’d made it!

    Since then, the company has expanded enormously with over 1,900 employees worldwide, and a management team representing some of the most experienced technology professionals in the industry.

    Today, Google is widely recognized as the world's best search engine.

    Stock market launch
    Following months of speculation, confusion and unforeseen problems, Google finally made its stock market debut in August 2004. Google had decided upon a launch using an innovative Dutch auction process - where investors who bid at or above the market-clearing price pay that price. At first, Google’s share auction seemed to run to plan confirming reports that most bids were around the suggested price range of $108-135 per share and valuing the world’s biggest Internet-search company at up to $36 billion. But then came the dramatic news that Google had cut the size of its initial public offering (IPO) by almost 50% and was telling investors to expect a price of $85-95. Google finally priced its shares at $85, valuing the entire group at just $23 billion. Shares rose a little above $100 on the first day of trading but the price was still well below the level hoped for by Google's bosses. Did the mishaps on the way to flotation cause the sharp drop in value? Or a general weakness in dotcom shares? Or was an auction the wrong method? Or was $135 a share simply overpriced? Google is the clear leader in online searches and its revenue is expected to soar but the question is raised – will its profits do likewise?


    Not just a search engine
    Google also serves corporate clients, including advertisers, content publishers and site managers with cost-effective advertising and a wide range of revenue generating search services.

    In addition to the straightforward search engine, Google also provides many other services. For example: Ask a Question – a service involving over 500 carefully screened researchers, University Search – giving detailed information on specific schools. Mail-order catalogue browser, Directories on various topics, Froogle shopping site, News search – updated news from 700 sources, Discussion forums and many more.


    Location
    Google has sales and engineering offices throughout the world and its headquarters are at:
    1600 Amphitheatre Parkway
    Mountain View, CA 94043
    Telephone: 650.623.4000
    Fax: 650.618.1499
    www.google.com
     
  2. Asiadeep

    Asiadeep New Member

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    Great information to know about man. Thanks for the contribution.

    I'd however like to know where you got the info from? It it directly from google or what?
     
  3. Kaleb32

    Kaleb32 New Member

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    WOW how did u find all this out?
    :confused:
     
  4. Hunter2

    Hunter2 New Member

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    wow! Nice work man, good tips. Thanks for info.
     
  5. faizulhaque

    faizulhaque New Member

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    Really informative Predap Always works gr8
     
  6. yohan

    yohan New Member

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    Its nice to know the history of Google, so that we can appreciate more about it and how well they have evolved..
     
  7. mayjune

    mayjune New Member

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    One more cool info..

    The word Google came from a mistake. While brainstorming with names for there site, Sean verbally suggested the word "googolplex", in response to that Larry also verbally suggested the word "googol" (both words refer to specific large numbers). Immediately sean checked on his computer if the domain is available. Since Sean didn't know the spelling of the name, he checked for, well as we know "Google.com". & :D It was available. Within few hours it was registered. After getting it registered, one of there colleagues told them the actual spelling :p
     
  8. babaabbas

    babaabbas New Member

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    Whatever the name coincidence maybe, but Google is one company that influences the lives of so many millions and no other company does as much in a fair way.
     
    infosdem likes this.
  9. shipra123

    shipra123 New Member

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    It is really something interesting and catchy. I really appreciate your knowledge. Looking forward to more interesting posts from you.
     
  10. sameer_havakajoka

    sameer_havakajoka New Member

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    never knws dis much abt google
     
  11. technica

    technica New Member

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    Yeah! and now they are leaders in the internet. They follow "Do no evil" strategy.
     
  12. stefanraj

    stefanraj New Member

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    Its really informative, thank you for done a good job. each SEO know about it..
     
  13. paulwalker

    paulwalker New Member

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    Awesome information you post. Its really informative which enhance the knowledge. Keep it up.
     
  14. parrytint

    parrytint New Member

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    hi,

    Thanks many to share the seo & google business solutions beginning..??? meet again.
     
  15. 4deewar

    4deewar New Member

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    Thanks for share interested information. I have no more knowledge about Google.
     
  16. tessori

    tessori Banned

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    HI
    Thanks for sharing the great history of Google. We really appreciate you for this.
     

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