Author: Vitaliy Dadalyan

19 Jun by Vitaliy Dadalyan Tags:

Google's Larry Page 'floored' an early investor when he predicted it could be twice as big as Yahoo before it even had a business model (GOOG, GOOGL)

In 1999, before Google was a well-known (or well-funded) company, founders Larry Page and Sergey Brin were discussing their company with a new board member. Page and co-founder Sergey Brin's goal was to "organize the world's information and make it universally accessible and useful," recalls venture capitalist John Doerr in his book "Measure What Matters." But first, Doerr — who had already invested $11.8 million to take a 12% ownership stake and a board seat — had to help them organize their newly incorporated company.

...Read the rest of this story