Google has just had its 10th birthday. Here’s a summary of the firm’s development:
Sept. 7, 1998: Google incorporated in California.
February 1999: Google opens their first office in Palo Alto.
June 7, 1999: Google secures venture capital of $25 million from Sequoia Capital and Kleiner Perkins Caufield & Byers.
June 26, 2000: Google becomes Yahoo's default search provider.
Oct. 23, 2000: Google offers AdWords, an online advertising service.
March 26, 2001: Eric Schmidt, former CEO of Novell Inc., is named chairman.
July 19, 2001: The "Don't be evil" motto is first mentioned and becomes Google's ethical motto.
Aug. 6, 2001: Schmidt is named chief executive.
April 1, 2004: Google starts e-mail service Gmail.
April 29, 2004: Google files for a initial public offering.
Aug. 18, 2004: Goes public with a market capitalization of $23 billion.
June 28, 2005: Release of Google Earth.
January 2006: Google successfully wages a court battle to avoid handing over search user’s information to the Justice Department.
Jan. 17, 2006: Buys dMarc Broadcasting, a radio advertising company.
Jan. 27, 2006: Google creates search engine for China that censors results.
June 15, 2006: The verb "google" is added to the Oxford English Dictionary.
Oct. 9, 2006: Google announces plans to acquire YouTube for $1.65 billion.
January 2007: Fortune magazine names Google the best company to work for in its annual list.
March 13, 2007: Viacom files $1 billion suit against Google regarding video piracy on YouTube.
April 13, 2007: Announces $3.1 billion deal to buy online advertising service DoubleClick.
This is a remarkable rise to wealth and power. The Google brand is now independently valued at $61 billion, the world’s most valuable brand.
The businesses listed on our USA Local Search Business Directory benefit substantially from Google's success since the directory is extensively indexed on Google, and the service for businesses is free.
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