Friday, June 26, 2009

The Google Story









" The google story" by David Wise is Quite an eyeopener on how Serjey and Larry managed to make their dreams into a $80 billion giant. The journey from the Stanford lab to the gates building to the garage to googleplex is worth a read.


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1)Google is a mis-spelt word. The original word is Googol which means 1 followed by 100 zeroes.


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2)Larry Page's brother Carl page also sold his internet company during the dot com era for an eye popping $500 million.


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3)Google's ad model was originally developed by a company named Overture ( Now a Yahoo company)


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4)From their original hostel at Stanford, Larry Page and Sergey Brin were shifted to a newly constructed building named William Gates building.


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5)Though a tech company Google followed the practices of media companies during its IPO. To protect itself from unwanted takeover threats the company issued class A and B types of shares. Valued similarly the two classes of shares differed only in their voting rights. The company also developed an auction based system of allotting its stake to prevent unwanted volatility just after listing.


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6)Google had lost the Amazon Europe ad deal to Yahoo. Larry and Serjey were traveling on their private jet when they got this news. With much persuation the founders arranged a secret meeting with Amazon's CEO. Google raised its bid to such a level that Yahoo was eventually forced to back out of the deal saying that it did not make business sense for the latter.


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7)Google's inhouse chef Charlie Ayers is one of the few chefs in the world who became a millionaire by selling personal Google shares given to him.


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8)Its very rare to find Kleiner Perkins and sequoia capital investing in the same venture. Larry and Sergie played a sleek game pitting the two VC'c against each other resulting in the two firms investing $12.5 million each.


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9)Google has a policy where employees are allowed to spend 20% of their time persuing their interests. Googlenews, Gmail and a host of other applications are a result of employee ideas which originated during this 20% time.


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10)Google has one of the largest hardware infrastructure and computing power in the world. This can be gauged from the fact that the company crawl the entire web and saves it in its computers. When a user searches for something, the google computers searches through the saved pages and throws out relevant results within seconds.



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Courtesy: http://www.thegooglestory.com

Wednesday, April 1, 2009

Some Interesting Facts About Internet












Myspace Facts


MySpace was founded by former Friendster members Chris Dewolfe and Tom Anderson in 2003. They saw opportunity to beat Friendster with more options and less restrictions for social network users. MySpace was purchased in 2005 for $580 million by Rupert Murdoch creator of a media empire that includes 20th Century Fox and the Fox television stations. MySpace has more than 40 billion page views a month. Google paid $900 million to be MySpace's search provider. MySpace runs on Microsoft .NET Framework, operating under Windows 2003 server and applications written in C# for ASP.NET.

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History of Amazon.com

Jeff Bezon coined the term Amazon.com from the earlier name Cadabra.com. It was the excellent way to present large volume online bookstore. But did he have hidden intentions? It is hard to believe but in the early Internet days, when Yahoo was dominant search engine, results on one page were listed alphabetically. Amazon would always appear above its competition for a specific keywords. This could be a breaking point for Jeff to expand and became what it is today.

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What Is Google?

Google, the Internet search company founded in September 1998. by Larry Page & Sergey Brin, got it's name from the word Googol, which represents number 1 followed with hundred zeros after it.

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What Is Yahoo!?

Yahoo the complex internet organism has complicated name. Word "Yahoo" is shortcut for "Yet Another Hierarchical Officious Oracle". It was coined by PhD candidates at Stanford University: David Filo and Jerry Yang.