Google, LLC is an American multinational tech company which specializes in Internet-related products and services, including online marketing technologies, an internet search engine, cloud computing, applications, and hardware. It’s thought to be one of the Big Four tech businesses in the U.S. data technology business, alongside Amazon, Apple, and Microsoft.
Invention Of Google
Google was started in September 1998 by Larry Page and Sergey Brin while they were Ph.D. students at Stanford University in California. Together they have approximately 14 percent of its own stocks and control 56 percent of the stockholder voting electricity through supervoting stock.
They comprised Google as a California privately held firm on September 4, 1998, in California. Google was subsequently reincorporated in Delaware on October 22, 2002. An initial public offering (IPO) happened on August 19, 2004, also Google transferred into its headquarters in Mountain View, California, filmed the Googleplex.
In August 2015, Google announced plans to reorganize its various interests because of a conglomerate named Alphabet Inc.. Google is Alphabet’s top subsidiary and will continue to function as the umbrella business for Alphabet’s Web interests. Sundar Pichai was appointed CEO of Google, substituting Larry Page who became the CEO of Alphabet.
When Did Google Come Out
AUGUST 19TH, 2004: GOOGLE GOES PUBLIC
Following an initial investment of $100,000 from Bechtolsheim, Google subsided to a series of additional angel investments, such as one from Amazon founder and CEO Jeff Bezos.
The angel investments precede a more formal $25 million financing round in 1999 from conventional Silicon Valley venture capital firms like Kleiner Perkins and Sequoia Capital. The company’s internet advertising products made it hugely profitable, leading to an eventual initial public offering five years later.
Google priced its stock at $85 a share, giving it a $27 billion evaluation after raising close to $1.7 billion. Today, the business is currently well on its way to becoming a trillion-dollar company.