Friday, November 18, 2016

Did you know? - Google

Dear Nasril Nizam

Did you know? - Google

Worldwide technological giant Google was founded in 1996 by 2 students of Stanford University, Larry Page and Sergey Brin, as part of their student project.

In 1997 students offered their algorithm of searching any information to Yahoo! for $1 million but were refused.

In 2000 the search engine became more popular than Yahoo! site directory and the latter made itself an offer to acquire the search engine for $1 billion but counterparts did not agree again.

Google's IPO took place on August 19, 2004 at $85 per share. Since then, its stocks became almost 10 times more expensive.

Now Google's market capitalization exceeds $500 billion while Yahoo! was sold for $4.8 billion.

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