Google’s phenomenal success as a globally-acclaimed search
engine did not come on a platter of gold. As a matter of fact, when they
started, Google’s co-founders, Larry Page and Sergey Brin weren’t sure how
their site would make money. It reminds us of how celebrated African novelist,
Chinua Achebe wasn’t sure he had written a bestselling novel upon the
completion of his magnus opus, Things Fall Apart.
The pair met at Stanford University in 1995, where they were
both enrolled on PhD computer science programme. Incidentally, both Sergey and
Larry had solid computer science backgrounds. Larry’s father, for instance, was
one of the first ever recipients of a computer science degree from the University
of Michigan while the mother was a database consultant with a master’s degree
in computer science.
Larry and Sergey were obsessed with the idea of writing
first class theses and building careers in the academia. In order not to get
distracted from their academic pursuits, they attempted to sell Google to
Excite, Yahoo! And the then market leader Alfa Vista for up to $1 million
before patenting it. Surprisingly, each company did not show any interest.
Google later experienced a major growth spurt, thanks to
their innovative method of custom-building server. Initially, they were
reluctant to allow advertisers onto the site so that users would not begin to
doubt the search results’ objectivity. They vowed never to allow companies to
pay to rank more highly, as other search engines had done.
In 2000, they reluctantly hired Dr Eric Schmidt as chief
executive to take over the day-to-day running of the business. This proved to
be a worthwhile risk. Schmidt’s
appointment proved to be remarkably successful. In 2004, the founders listed
the search engine on the Nasdaq Stock Exchange, raising a whopping sum of $1.2
billion.
Today, Google has become the World’s Number 1 search engine.
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