August 27, 2014 Leave a comment
Earlier this month, Google celebrated its 10th anniversary as a public company. The search engine giant was originally listed on New York’s Nasdaq Stock Market on August 19th, 2004. Since then, Google has become worth almost 15 times more than it was on this day; at an astounding value of $391.36 billion, it’s easily one of the world’s largest companies. Google has also invested in and taken over 250 more companies in the past ten years, which add greatly to its overall worth.
Google has expanded and diversified its focus rapidly over the last decade, establishing itself as the leader of search engines, and investing in other technologies such as driverless cars, healthcare innovations, and Google Glass. The company was formed in 1998 as the side project of Stanford students Sergey Brin and Larry Page. Back then it was just a small startup based out of a garage in Menlo Park, California. Today, the company has over 50 thousand employees located all over the world.
Google is still considered just as unconventional as it was when it first started because of how it excels at technology as well as in myriad other areas, some non-tech related. Just to put the company’s success into perspective, when Google was started, smartphones were not invented and Facebook was only six months old. Today it competes with giant companies including Apple, Facebook, Amazon and Microsoft, and exists as a kind of cultural icon and household name.
The result of the constant thirst for innovation from Google has resulted in a company unlike any other; Google is always impatient, always moving and always searching for the next big thing. And that, of course, is what Page and Brin meant when they opened their letter to shareholders with these two sentences: “We are not a conventional company. We do not intend to become one.