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Google IPO

Biography

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Google's market entry was a gradual process rather than a specific "start day," as it evolved from a research project to a full-fledged company over time. However, we can highlight some key milestones that mark significant moments in Google's journey:

Founding of Google: Google was founded by Larry Page and Sergey Brin in September 1998 while they were Ph.D. students at Stanford University. They developed a search engine algorithm called PageRank, which revolutionized web search by ranking pages based on their importance and relevance.

Public Offering of Shares (IPO): Google conducted its initial public offering (IPO) in August 2004, marking a significant milestone in its market entry. The IPO raised $1.67 billion and valued Google at $23 billion, making it one of the largest tech IPOs at the time.

Expansion of Products and Services: Google rapidly expanded its product portfolio beyond search, introducing services like Gmail (2004), Google Maps (2005), and Google Docs (2006). These offerings diversified Google's revenue streams and solidified its position as a technology leader.

Acquisition of Android Inc.: Google acquired Android Inc. in August 2005, laying the foundation for its entry into the mobile market. The development of the Android operating system paved the way for Google's dominance in the smartphone industry.

Launch of Chrome Browser: In September 2008, Google launched the Chrome web browser, challenging the dominance of existing browsers like Microsoft's Internet Explorer and Mozilla's Firefox. Chrome's speed, simplicity, and integration with Google services helped it gain significant market share.

Introduction of Google Play: Google Play was launched in March 2012, consolidating Google's digital content offerings, including apps, games, music, and movies, into a single platform. Google Play quickly became one of the largest app stores globally, rivaling Apple's App Store.

These milestones represent key moments in Google's market entry and its evolution from a search engine company to a multinational technology conglomerate. Google's continuous innovation, strategic acquisitions, and expansion into new markets have solidified its position as one of the most influential companies in the world.

**** Time used for creation of this chart is from astro data bank (astro.com)