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The 40-year-old company is now selling more than 50 million smartphones per year. Its growth has become so powerful that it now earns 22% of the total revenue of the entire global mobile phone industry, eclipsing Samsung and Apple along the way. These are just some of the facts that you might not know about this globally acclaimed company with humble beginnings. To learn more about it, read on! To read more about iphones click here: https://www.cellphoneplansfinder. com/iphone-plans/ It all started when Igor Kovalyov (son of a Soviet military officer) and Sergey Brin (son of physics professors) started working at the same university in Moscow, along with co-founder Larry Page. Inspired by the Internet boom in 1998, the three friends came up with the idea of starting their own business. The three then pooled their meager earnings to purchase a second hand Sun Microsystems workstation for $1,000 to use as a server for their search engine project. It was during this time that the trio changed their names to suit an American audience. They then hired a couple of programmers to help them build the prototype. The software engineers, David Filo and Jerry Yang, would eventually work their way up to Yahoo! CEO roles. The company's first product was simply called the "Backrub" search engine, which could only search the text in documents on the web. Filo, Yang and Brin turned down offers from companies including Yahoo!, Excite, Lycos and Infoseek before finally deciding to take their chances with Google instead. They soon made it one of its services by purchasing advertising space on the site in exchange for money to keep it running. Google went through several name changes before settling on "Google. com". In 1998, the company was backed by Sequoia Capital Partners, a venture capital firm run by Mike Moritz. Before this deal could be finalized, the entire company almost went bankrupt due to an accounting error regarding employee stock options. In 1999, Google was finally able to purchase a server for their site and test out its distribution model of offering search results free of charge. This eventually led to a contract with AOL to use their search technology. This would bring in valuable publicity for the fledgling search engine as well as much needed cash flow. The arrangement also included a large amount of advertising space on Google's site that would be sold by AOL in exchange for cash payments from Google. Google engineered its first major growth by offering users an easy way to translate language and search the web simultaneously. This allowed users to find what they were looking for through a combination of free and paid services. Similar tools were available from companies such as Lycos, Ask Jeeves, Babel Fish and HotBot. In 2000, Google purchased Keyhole, a mapping application that used satellite images to chart terrain on Earth's surface. The company then released the software as Google Maps in 2003. The app would eventually become one of the mainstay features on its site with more than 40 million users worldwide by 2008. cfa1e77820