On This Day – Larry Page Birthday: All You Need To Know About The Creator Of Google
Larry Page, along with Sergey Brin, created the online search engine Google.
Lawrence Edward Page, well-known as Larry Page, was born on March 26, 1973 in East Lansing, Michigan, U.S.. The well-known American computer scientist and entrepreneur is the name behind creating online search engine Google along with
Sergey Brin. And as we all know, Google is one of the most popular sites on the Internet.
In his early days, Page got a computer engineering degree from the University of Michigan (1995), and his father was in fact a professor of computer science at Michigan State University. He then entered into the doctorate program at Stanford, where he met Brin. Both of them were interested in the idea of enhancing the ability to extract meaning from the huge amount of data accumulated on the Internet. The two then started working from Page’s dormitory room, and came up with a new type of search engine technology, which would leverage Web users’ own ranking abilities by keeping a track of each site’s “backing links”— which is the total number of other pages linked to them.
With their aim to further their search engine, the two then raised about $1 million in outside financing from investors, family, and friends. They named their expanded search engine Google, which came up from a misspelling of the word googol, a mathematical term for the number 1 followed by 100 zeros. By September 1998, Page and Brin had founded Google Inc., with Page serving as the chief executive officer (CEO). In 1999, Google received $25 million of venture capital funding. At the time, Google was processing 500,000 queries per day.
In 2001, Page stepped down as CEO in 2001, and was replaced by technology executive Eric Schmidt. However, he became the president of products, and along with Brin, remained involved in running Google. By 2004, Google was being utilized 200 million times a day. In 2004, Google Inc. issued its initial public offering (IPO), and Page netted more than $3.8 billion. Google then purchased YouTube in 2006, which is the most popular web site for user-submitted streaming videos. The purchase was made for $1.65 billion in stock.
In 2011, Page returned as Google’s CEO, but when the company was restructured in August 2015 and became a subsidiary of the newly created holding company Alphabet Inc, Page turned CEO of Alphabet. Eventually, he stepped down from the post at the end of 2019, but is still part of Alphabet’s board of directors.