2. IDEATION
⢠Founders
â Began as a research project in 1996
â Larry Page & Sergey Brin
â Ph.D. Students from Stanford University
â Began in Merlo Park, CA (in a friendâs garage)
3. âŚ.LAUNCH
⢠$100,000 check from Andy Bechtolstein (cofounder)
⢠First press release in 1998 covering $25 million
shares bought
⢠Moved to Palo Alto, California in 1999 with 8
employees
⢠Page developed âGoogle Friendâs Newsletterâ
to inform people/fans about new company
4. GROWTH
⢠In 2000, ten different language versions of
GOOGLE search engine created.
⢠ADWORDS created in order to obtain revenue
from advertisements
⢠2001- Google Images
⢠2001- Froogle (shop)
⢠2005- Google Maps
⢠2006- Acquisition of YouTube
6. STRATEGY
⢠Maintain innovate ideas
⢠Evolve with the industry
â (mobile, search and browsers)
⢠FAST-MOVING
⢠Global and International Sales
⢠Continue to evolve and dominate competition
â Bing, Yahoo!
7. BOTTOMLINE
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53,861 employees
96% of profits come from ads
$50.18 billion in sales each year
#5 Most Valuable brand
Google is the dominant search engine in the
United States with 65.6 % of the market share
⢠Market cap $260 Billion
⢠(2012) Total advertising revenue $42.5 Billion