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GOOGLE HISTORY
(from the Official Documentation found on google.com)

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Google is a play on the word "googol", which was coined by Milton Sirotta, nephew of American mathematician Edward Kasner, to refer to the number represented by 1 followed by 100 zeros. A googol is a very large number. There isn't a googol of anything in the universe. Not stars, not dust particles, not atoms. Google's use of the term reflects the company's mission to organize the immense, seemingly infinite, amount of information available on the web.

According to Google lore, the company's founders Larry Page and Sergey Brin were not terribly fond of each other when they first met in 1995 as graduate students in the Computer Science department at Stanford University. Larry was on a weekend visit as a 24-year-old University of Michigan alumnus. Sergey, 23 at the time, was one of a group of students assigned to show him around. They argued about every topic that was discussed. Their strong opinions and differing viewpoints would eventually find common ground in a unique approach to solving one of computing's biggest challenges: retrieving relevant information from a massive set of data.


Larry and Sergey continued to perfect Google's technology through the first half of 1998. Following a path that would become a key part of the Google way, they bought a terabyte of disks at bargain prices and built their own computer housings in Larry's dorm room, which became Google’s first data center. Meanwhile, Sergey set up a business office and the two began calling on potential partners who might want to license search technology that worked better than any available at the time. Despite the dotcom fever of the day, they had little interest in building their own company around the technology they had developed. Among those called upon was Yahoo! founder and friend David Filo. Filo agreed the technology was solid, but encouraged Larry and Sergey to grow the service themselves by starting a search engine company. "When it's fully developed and scalable", he told them, "let's talk again". Others were less interested in Google as it was now known. One portal CEO told them, "As long as we're 80 percent as good as our competitors, that's good enough. Our users don't really care about search."

Unable to interest the major portal players of the day, Larry and Sergey decided to make a go of it on their own. All they needed was a little cash to move out of the dorm and pay off the credit cards they had maxed out buying a terabyte of memory. So they wrote up a business plan, put their Ph.D. plans on hold and went looking for an angel investor. Their first visit was with a friend of a faculty member.
On September 7, 1998 Google Inc. became a reality and opened its door in Menlo Park, California. Already, Google.com was answering 10,000 search queries every day, despite still being in beta. The press began to take notice of the upstart website with the relevant search results and articles extolling Google appeared in USA Today and Le Monde. In December, PC Magazine named Google to its list of the Top 100 Web Sites and Search Engines for 1998. Google was moving up in the world.

Google quickly outgrew the confines of its Menlo Park home and by February 1999, had moved to an office on University Avenue in Palo Alto. The number of employees had doubled to eight and the service was answering more than 500,000 queries per day. Interest in the company had grown as well and RedHat signed on as the first commercial search customer, drawn in part by Google's commitment to running its servers on the open source operating system Linux.

Tucked away in one corner of the two story structure, the Google kernel continued to grow, attracting staff and clients as well as attention from users and the press. AOL/Netscape selected Google as its web search service and helped push traffic levels over the 3 million searches per day mark. It was clear that Google had evolved from a college research project to a real company with a product that was in high demand. On September 21, 1999, the beta label came off the website.

And still Google continued to expand. The Italian portal Virgilio signed on as a client as did Virgin Net, the UK's leading online entertainment guide. A spate of recognition followed, including PC Magazine's Technical Excellence Award for Innovation in Web Application Development and inclusion in several "Best of" lists, culminating with Google being named to TIME magazine's Top Ten Best Cybertech list for 1999.
The informal atmosphere bred both collegiality and an accelerated exchange of ideas. Google staffers made many incremental improvements to the search engine itself and added such enhancements as the Google Directory (based on Netscape's Open Directory Project) and the ability to search via wireless devices. Google also began thinking globally, with the introduction of 10 language versions for users who preferred to search in their native tongues.

Google's features and performance attracted new users at an astounding rate, and the broad appeal of Google search became apparent when the site was awarded both a Webby award and a People's Voice Award for technical achievement in May 2000. Sergey's and Larry's five word acceptance speech: "We love you, Google users!" The following month, Google officially became the world's largest search engine with the introduction of its billion page index, the first time so much of the web's content was made available in a searchable format.

Through careful marshalling of its resources, Google had avoided the need for additional funding rounds beyond its original venture round. Already a number of clients were signing up to use Google's search technology on their own sites. With the launch of a keyword-targeted advertising program, Google added another revenue stream that began moving the company into the black. By mid-2000, these efforts were beginning to show real results and on June 26, Google and Yahoo! announced a partnership that solidified the company's reputation as not only a great technology provider, but a substantial business answering 18 million user queries every day.

(from the Official Documentation found on google.com)

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