New Sale

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New Sale

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TestAPPLICATION

# New trend **August 1998** investment of $100,000 from Andy Bechtolsheim,[21] co-founder of Sun Microsystems. This initial investment served as a motivation to incorporate the company to be able to use the funds.[40][41] Page and Brin initially approached David Cheriton for advice because he had a nearby office in Stanford, and they knew he <u>had startup experience</u>, having recently sold the company he co-founded, Granite Systems, to - Cisco for $220 million. David arranged a meeting with Page and Brin and his - Granite co-founder Andy Bechtolsheim. The meeting was set for 8 a.m. at the front porch of David's home in Palo Alto - it had to be brief because Andy had another meeting at Cisco, where he now worked after the acquisition, at 9 a.m. Andy briefly tested a demo of the website, liked what he saw, and then went back to his car to grab the check. David Cheriton later also joined in with a $250,000 investment. ### More details In March 1999, the company moved its offices to Palo Alto, California, which is home to several prominent Silicon Valley technology start-ups. The next year, Google began selling advertisements associated with search keywords against Page and Brin's initial opposition toward an advertising-funded search engine. To maintain an uncluttered page design, advertisements were solely text-based. In June 2000, it was announced that Google would become the default search engine provider for Yahoo!, one of the most popular websites at the time, ~~replacing Inktomi.~~ ## Initial public offering >wireless-spectrum auction by the FCC. On March 11, 2008, Google acquired DoubleClick for $3.1 billion, transferring to Google valuable relationships that DoubleClick ``` print("Hello, World!") ```

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