Google buys a garage

More

google

A garage? Has Google Inc. (NASDAQ:GOOG) finally lost it?

Not really. You see, when Larry Page and Sergey Brin built Google, they rented out a garage (the company was incorporated on September 7, 1998). It was about 1,900 square feet – and, of course, ultimately turned into a $125 billion empire.

It's something that happens with some frequency in Silicon Valley. For example, in 1939, Bill Hewlett and Dave Packard started their legendary company from a modest garage (Hewlett-Packard Company, NYSE:HPQ, now owns it).

As for the Google garage, it is based in Menlo Park and will now become a Silicon Valley landmark of sorts. Oh, there is even a hot tub on the property. But, apparently, the co-founders did work tirelessly on their search engine.

On the Google corporate site, you can get some info on the early history.

The office offered several big advantages, including a washer and dryer and a hot tub. It also provided a parking space for the first employee hired by the new company: Craig Silverstein, now Google's director of technology.

Already Google.com, still in beta, was answering 10,000 search queries each day.

Tom Taulli is the author of various books, including the Complete M&A Handbook and operates InvestorOffering.com.

Reader Comments (Page 1 of 1)

Symbol Lookup
IndexesChangePrice
DJIA-59.569,999.08
NASDAQ-12.252,138.62
S&P 500-7.001,063.52

Last updated: February 10, 2010: 11:01 AM

Hot Stocks

DailyFinance Headlines

TheFlyOnTheWall.com Headlines

BioHealth Investor Headlines

WalletPop Headlines

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

WalletPop Headlines