Google Celebrates its 10th Anniversary as a Public Company


Google Doodle.

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.


Only 1 in 10 Americans Say They Would Wear Google Glasses

google glasses

Img: Giuseppe Costantino via Flickr

Google Glasses are being talked about on all forms of news sites, but who is actually going to wear them? According to a new study conducted by BiTE interactive, only one in ten American smartphone users would wear these glasses regularly. While they may be very beneficial and innovative, no one really wants to walk around wearing them.

Social awkwardness and the device seeming irritating were the top reasons why people said they would not wear them out in public. Even if the glasses lowered in price from their current $1,500 sticker, about 38% of respondents said they still wouldn’t wear them. About 44% of those who stated they would wear the glasses are most excited about being able to take pictures, and 39% were excited to make phone calls.

“Google Glass represents a profound social barrier for the average consumer,” Joseph Farrell, EVP of operations at BiTE interactive, told Mashable. “At best, they see a Glass user as someone who prioritizes information access over a personal connection with others. At worst, they fear social sleights of hand: researching topics, recording video or Googling a person in mid-conversation,” he continued. “Overall, what Glass offers is combination of high social rejection with features the average person simply doesn’t value over their current smartphone.”

To read more about Google’s CEO Larry Page, click here.

Google’s CEO Larry Page

larry page

Img: Niall Kennedy via Flickr

Larry Page and Sergey Brin co-founded Google in 1998. Today, 74 percent of people use Google as their number one search engine, and over 100 billion searches are done on Google every month. Larry Page has been the CEO since 2011. Larry is responsible for the day-to-day operations at Google, and helps to lead the companies product development and technology strategy.

In 2012, Larry Page helped the company through a $50 billion revenue milestone. Due to this, the stock rose almost 30 percent, which added more than $4 billion to Page’s overall net worth. Both Larry Page and Sergey Brin told investors that they planned to set aside equal to 1 percent of the companies stock to go towards different philanthropy efforts.

Larry has a bachelor’s degree in Engineering from the University of Michigan, Ann Arbor and a Masters in Computer Science from Stanford University. Outside of work, he is a member of the National Advisory Committee of the University of Michigan College of Engineering, and was honored with Brin with the Marconi Prize in 2004. He was elected to the National Academy of Engineering in 2004.

%d bloggers like this: