Google turns 18 years; 14 of them their income went from 7 billion to 67000 mdd – Expansion MX

MEXICO CITY

like many other companies, Google began operations in a garage, but 18 years of its creation, the technology consolidates itself as a giant a physical presence in more than 40 countries around the world, headquarters with a dimension of 290,000 square metres and a value of almost 550,000 million dollars.

they Were the first few days of September 1998 when Larry Page and Sergey Brin were forced to start the filing process to constitute Google, as a society, then that Andy Bechtolsheim, co-founder of Sun Microsystems, to extend a check for $ 100,000 to Google Inc, an entity that did not yet exist.

it Would be almost to the end of the month, on the 27th of September, Google was formally registered. By that time, the company is located in the garage of Susan Wojcicki, the current CEO of YouTube, not to generate revenue. It was until 2001, a year after having released his first mechanism of monetization Google AdWords, the company of Page and Brin generated $ 7 million in sales, according to data collected by the firm analysis Statista.

Two years later, the company would achieve little more than 1,000 million dollars in revenue, and only the last year sales of the now technology giant would be increased to 67,000 million dollars, almost 10,000 times more than in 2001.

In that same period the net profit of Google increased 2,335 times, going from 7 million in 2001, to 16,348 million in 2015.

Another indicator that show the success story of the firm that began as an internet search engine is its value and how it has increased over time.

In August of 2004, the firm debuted on Wall Street with an Initial Public Offering of 1,670 million dollars. The value reached Google was one of 23,000 million dollars. According to Bloomberg, the market capitalization of Google is currently 545,583 millions of dollars.

But not only the valuation of the company has reached figures stratospheric. Also, the net assets of the co-founders of Google are increased in a surprising way.

While that when the company debuted in New York, the wealth of Page and Brin was about 1,000 million dollars respectively, as of Monday, his estate amounted to 40,500 million dollars and 39,600 million, respectively.

Today, Google is more than an internet search engine. In its 18 years the company has made other companies, including YouTube, Waze, or Motorola, that to date are part of the conglomerate Alphabet.

in Addition, as part of the DNA of the company, the innovation and exploration of new verticals of business are still present. Some of the most prominent is the fiber optic service Google Fiber and the manufacture of autonomous cars.