The History of Google

Google is a US company that ventures in Internet search and marketing. It displays and promotes plenty of Internet-based services and products. They create an income basically from Adwords.

Google was founded by Larry Page and Sergey Brin while they were studying in Stanford University as PhD students. It was in September 4, 1998 when Google was first incorporated as a privately owned company. Its first IPO was on August 19, 2004.

The company's goal was "to organize the world's information and make it universally accessible and useful", and their unofficial catchphrase was "Don't be evil" which was coined by Google engineer Paul Buchheit.

Google runs more than one million servers in data centers around the world. The corporation's swift advancement has resulted to an array of products and services. The company offer internet-based applications such as Gmail, Orkut and, Google Buzz. They also developed other desktop applications like Google Chrome, Picasa and, Google Talk.

In addition, Google begins the development of the Android mobile operating system. According to Alexa, Google.com site has the most number of traffic everyday. Same is true with other international Google sites and other Google-owned sites such as YouTube, Orkut and Blogger.

Google was established in January 1996 as a research project by Larry Page and Sergey Brin when they were both PhD students at Stanford University in California. The two formulated an idea of a system that analyzed the relationships between websites. They called this system as PageRank, wherein a website's value were determined by the number of valuable pages that linked back to the original site.

Page and Brin originally called their new search engine "BackRub" since the system monitored backlinks to estimate the relevance and importance of the site. Later, they changed the name to Google search engine, from the word "googol" which means a number one followed by one hundred zeros. This word represents the aim of the company to give vast quantities of information to people. It was on September 15, 1997, Google's domain name was registered.

The first funding for Google was a US$100,000 allocation from Andy Bechtolsheim in August 1998, the co-founder of Sun Microsystems. Google's initial IPO took place on August 19, 2004. They offered 19,605,052 shares at $85 per share. The shares were offered in a unique online auction format. The sale of $1.67 billion generated a market capital of more than $23 billion. Despite that, most of the 271 million shares stayed under the control of Google and most of its workers.