2017-02-24

55 Facts You May Not Know About Google $GOOG $GOOGL (infographic)

 $GOOG

$GOOG shares have increased in value 1436.65%, Aug 20, 2004 - Feb 23, 2016 (see above). The first funding for Google (principal domain: google.com) was in August 1998, $100,000 from Andy Bechtolsheim, co-founder of Sun Microsystems, before Google was even incorporated. 3 other angel investors also invested in 1998: Amazon.com founder Jeff Bezos, Stanford University computer science professor David Cheriton, and entrepreneur Ram Shriram. Early in 1999, founders Sergey Brin and Larry Page decided they wanted to sell Google to Excite (excite.com). They went to Excite CEO George Bell and offered to sell it to him for $1 million but he rejected the offer. Vinod Khosla, one of Excite's venture capitalists, talked Page and Brin down to $750,000, but Bell still rejected it. A $25 million round of funding was announced on June 7, 1999, major investors included venture capital firms Kleiner Perkins Caufield & Byers and Sequoia Capital. Google's initial public offering (IPO) was August 19, 2004, at which time Larry Page, Sergey Brin, and Eric Schmidt agreed to work together at Google for 20 years, until the year 2024. At the IPO, the company offered 19,605,052 shares at a price of $85 per share. The sale of $1.67 billion in IPO shares gave Google a total market capitalization of more than $23 billion. Today Google (through its holding company, Alphabet Inc.) is approaching a total market cap of $600 billion. 

Infographic: 55 Facts You May Not Know About Google ($GOOG, $GOOGL):
Courtesy of: Visual Capitalist


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