Google was incorporated on Sept. 4th, 1998 in the garage of Susan Wojcicki (who is now the CEO of Google subsidiary YouTube), with an initial US$100,000 investment by Sun Microsystems co-founder Andy Bechtolsheim.
It’s hard to believe that this happened only twenty years ago. In those 20 years, Google (now known as Alphabet) has transformed society. The way we look for information. The way we ask for directions. The way we consume the news.
What lessons can we learn from the astonishing growth of Google?
First, those things which might seem unimportant at the time can have great impact. Larry Page’s PageRank algorithm, which relied on the links between web pages to determine the ranking of search results, was a simple idea that became very, very powerful. In fact, it spawned the whole industry of Search Engine Optimization (SEO), which is basically figuring out ways to improve your Google search ranking!
Second, never underestimate the power of networks. As the World Wide Web grew (and I remember a time when it was still called that!), the Google search engine only became more accurate and useful over time. The power of networks acts as an amplifier (you need no further proof of that than Donald Trump’s Twitter account).
Third, that being an early entry into a marketplace positions you for growth (call it “the Microsoft effect”). It’s not always true, but often enough, being first is better than being best when it comes to the Internet. As some entrepreneurs like to say: “ready, fire, aim”—it’s better to launch something early, then make constant adjustments to your course as you go along and learn from your mistakes. The fatal mistake is to wait until everything is perfect before taking action. Larry Page and Sergey Brin didn’t wait.
Fourth, that a lot can happen in a short period of time. We tend to underestimate just how quickly things can change in today’s society. The pace of technology is accelerating. Think ahead to 20 years from today—Sept. 8th, 2038. It might seem far away. But every day, it comes a step closer. Who will you be in that world, on that day? If I am still alive, I will be 74 years old and retired, perhaps feeling insecure and afraid in my old age as civilization charges ahead without me. What will I have seen in those twenty years? What will I regret doing? What will I regret not doing? What should I have been paying attention to, while I was busy doing something else? What will I have learned?
Finally, remember that the actions of individual people do make a difference in this world. Sergey Brin and Larry Page had an idea, and that idea changed the world. Philip Rosedale had a dream, and his dream became a daily reality for millions of people on dozens of metaverse platforms. Never doubt for one second that you are not capable of that same miraculous feat, in countless different ways, every single day.