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Intriguing blab about usability, seo/sem, web dev, search engines, Cre8asiteforums and Internet-life stuff.

Warmest Greetings,

 

:: Tuesday, September 10, 2002 ::

Happy Birthday Google. Did you cash that check yet?

Four years ago, Google founders Larry Page and Sergey Brin needed to incorporate their new company. Why? So they could cash a $100,000
personal check that had been sitting in Page's desk drawer for a couple of weeks.


"The investment created a small dilemma. There was no way to deposit the
check since there was no legal entity known as 'Google Inc.' It sat in
Larry's desk drawer for a couple of weeks while he and Sergey scrambled to
set up a corporation and locate a few other funders among family, friends
and acquaintances. Ultimately, they brought in a total initial investment
of almost $1 million."

"The company grew quickly, and on June 7 1999, the company announced that
it had secured a round of funding that included $25 million from Sequoia
Capital and Kleiner Perkins Caufield & Buyers."

Source: http://searchenginewatch.com/searchday/02/sd0910-google-bd.html

Google got lucky. The guy from NSYNC who trained to fly to the space station was rejected because he couldn't come up with the $20 million the Russians said he needed.

I guess a search engine is worth more than space travel these days.

Kim


:: posted by Kim Krause Berg on 9/10/2002 11:26:04 AM

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