We have heard several success stories, but Larry Page success story is something that helped shape the world as we know it today. Why, you ask? If we talk about the world’s biggest tech companies, Google will surely be mentioned. Hailing from California, USA, the extent to which we use Google and its services is unparalleled. Many people are responsible for Google’s success. However, no one is more responsible than the company’s founder, Larry Page. He is well known for his innovations in the fields of technology. So, in this blog, we will take a look at Larry Page success story and learn how a meticulous child from Lansing, Michigan, became one of the most successful people in the world of technology.
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Early Life Of Larry Page
The Larry Page success story began on March 26, 1973, in Lansing, Michigan, USA. He was born to parents Carl and Gloria Page. His father was a professor of computer science at Michigan State University, while his mother was a computer programming instructor at Lyman Briggs College. His parents were associated with computers, so his childhood home was filled with computer science magazines. These magazines inspired him; at age 12, he had already decided to establish a company. He completed his schooling at Lansing High School in 1991 and then graduated in 1995 from Michigan State University. Later, he pursued a Master’s degree from Stanford University and completed the course in 1998.
PhD Studies And Meeting Sergey Brin
After completing his master’s degree, Page started pursuing a PhD at Stanford, where he explored the mathematical properties of the World Wide Web. He told one of his supervisors, Terry Winograd, about this idea, who encouraged him to pursue it, which Page recalls as the best advice someone ever gave him. This is where Page met the other co-founder of Google, Sergey Brin. Both of them started working on Page’s research, dubbed ‘Backrub’. This was the beginning of a new chapter of Larry Page success story. Sergey and Larry quickly started working on a search engine that measures the importance of a given web page based on the number of backlinks and then ranks the web page based on that. After months of coding, Page could write code in HTML and launched their first search engine on Standford’s website.
The Launch Of Google
After quickly gaining traction among their peers and other internet users, Page and Brin incorporated Google, Inc. with the initial name of “Googol,” which is a number that contains 100 zeroes. This marked the beginning of Google as we know it today. Initially, Larry Page success story was plagued with challenges. The biggest challenges proved to be the inability to secure funding and the prominence of already established search engines like Yahoo.
After pitching their company to countless investors, Google finally got its first funding from Sun Microsystems co-founder Andy Bechtolsheim. This funding was a catalyst that catapulted the company among the big dogs and started a new chapter in Larry Page success story. However, the company really began to come to life after the founders shifted the company from a garage to a full-fledged office in Palo Alto. The same year, Google successfully secured $25 million in funding from Sequoia Capitals and Kleiner Perkins. This funding proved to be vital for the company as 1 year after receiving the funding, Google became the biggest search engine in the world in 2000, with a total of 1000+ indexed web pages on the search engine. The success of their search engine allowed Page to introduce new products like Google Maps, Google AdWords, and Gmail.
IPO And Reaching New Heights
After successfully running the company for many years, Page and Brin decided to take the company public. In 2004, Google came out with its IPO and secured around $1.67 billion. This took Google’s valuation to a whopping $23 billion, making Page, Brin, and many other employees instant millionaires. Ever since then, the company has made several innovations, including the Google Cloud and many others. Moreover, Google has acquired companies such as YouTube and Android. Also, Google has made several consumer products like their Pixel phone and foldables. Then Page hired an ambitious young kid from India who went on to become one of the most successful CEOs in history; his name is Sundar Pichai, and is still the CEO of Google(Alphabet).
Larry Page’s Net Worth
After serving as the CEO of Google and its parent company, Alphabet, Larry retired from his post in December 2019, ending a 2 decades-long chapter in Larry Page success story. He owns around 17% of Google, which takes his net worth to a whopping $125 billion, making him one of the richest people in the world today.
What Can We Learn From Larry’s Business Philosophy
The Larry page success story inspires millions of people to innovate and pursue a career in technology. That being said, we can learn a number of things from Larry Page success story. Some of them are as follows:
1. Dream Big: Page always believed in setting ambitious goals that require a team to achieve.
2. Embracing Innovation: Larry Page success story teaches us to embrace innovation.
3. Pursue Passion: As mentioned above, it was Page’s passion to establish a company, and he stuck to it.
4. Surround Yourself With Great People: Larry Page has always credited his success to the people around him: his parents, his supervisor in college, his friend Sergey Brin, and his employees like Sundar Pichai.
FAQs
1- Who founded Google?
A- Sergey Brin and Larry Page founded Google in 1998.
2- Who is the CEO of Google?
A- Sundai Pichai is the CEO of Google and Alphabet.
3- Who was the first CEO of Google?
A- Larry Page was the first-ever CEO of Google.
4- Where is Google headquarters?
A- Google’s headquarters is situated in California, USA.
5- Who owns Google?
A- Google is owned by its parent organisation, Alphabet.