In 1996 ,most Internet search engines ranked pages according to the number of times the search terms appeared on the website. At that time ,two Stanford University PhD students began a project to get more relevant results from Internet searches . They determined that the sites with the most links to them from other sites must be the most relevant ones . This idea led to the founding of Google , lnc. in 1998.
Google has since grown into the most prominent search engine company in the world . The company now offers numerous free computer and Internet services including email ,Google News, maps and satellite images of the earth, Google Video, and Google Documents & Spreadsheets. Google has also acquired the well-known websites Blogger and YouTube. Google makes money by selling advertisements that accompany searches, emails, and other Google content . Google’s AdSense system allows websites owners to post ads on their sites. They and Google earn money every time their ads are clicked on.
The company’s mission is to organize the world’s information and make it universally accessible and useful. In fact , its name is a play on the word “ googol , ” the mathematical term for 1 followed by 100 zeros. This indicates that there’s a world of information out there to organize. In doing business , Google does face criticism for violating copyrights and privacy and for giving in to governments that practice censorship. Despite this , Google is more popular than ever , and Google. com remains the third most popular site on the Web.
There are many ways to get rich. People inherit fortunes, buy lottery tickets, make smart investments, or work hard while living frugally . Others create , invent, or just have a good idea. Larry Page and Sergey Brin had a very , very good idea.
Larry Page was born in 1973. His father, Dr. Carl Victor Page, was an early computer science and artificial intelligence expert who taught at Michigan State University .His mother ,Gloria Page, taught computer programming at MAU. With parents like his , it’s no wonder that Larry developed an early fascination with computers. After earning a degree in computer engineering with honors from the University of Michigan , Larry enrolled in a computer science PhD program at Stanford University.
Larry and Sergey met as classmates at Stanford , and in 1996 they worked together on a project called ” The Anatomy of a Search Engine.” While working on this project , they had a great idea and created PageRank technology. The idea was so good that in 1998, the pair took a break from school , raised a million dollars with the help of family and friends, and founded Google , lnc.
Google was a phenomenal success almost immediately ,and Larry and Sergey added CEO Eric Schmidt to the staff to share the responsibility of running the huge corporation. In 2004, Google sold its first shares on the stock market and its value skyrocked. Larry and Sergey are currently ranked as the 26th wealthiest people in the world , with a net worth of US$16.6 billion each .Larry Page is now among the most important individuals of the Internet Age . Not bad for a good idea.
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