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Larry Page And Google Entrepreneurship At Its Finest Research Paper

The Critical Success Factors Used by Larry Page, Co-founder of Google

Born on March 26, 1973 to a mother and father who were both computer experts during the infancy of these technologies, Lawrence Larry Page was naturally drawn to computer engineering. His studies at Stanford University and his early friendship with a collegemate and co-founder, Sergio Brin, inspired and grew a company that would transform the entire world. Certainly, some people have truly great business ideas, but Page was one of the rare entrepreneurs during the boom days of computer science development who envisioned a business model and made it an enormously profitable reality (Solomon et al., 2020). Indeed, some authorities maintain -- and with good reason -- that Page is among the greatest entrepreneurs in the world today. To determine how Page achieved this outcome, this paper provides a brief overview of the company cofounded by Page followed by an analysis of his entrepreneurial qualities that have fueled his success. Following this review, the paper provides a summary of the research concerning Page and Google in the conclusion.

Company Background

Formally launched on September 4, 1998 at Menlo Park, California, the search engine and then business empire that would become Google was originally called Backrub, and the company became the most popular search engine in the world with Page as chief executive officer (Larry Page, 2022). The history of the company that would become Google can be traced from its humble beginnings in 1998 to a fateful meeting between cofounders Page and Brin in 1995. Lacking their iconic garage at the time, Page and Brin built their original search engine that ranked the relative importance and popularity of individual Web sites in their dorm rooms at Stanford. This innovative feature served to attract tens of millions of users over the years, prompting Page and Brin to eventually formulate their corporate mission to organize the worlds information and make it universally accessible and useful (From the garage to the Googleplex, 2022, para. 3). By April 2004, the co-founders believed the time was right and took Google public, generating more than $1.67 billion in the process (Choo, 2005).

Today, the companys annual revenues are greater than many countries gross domestic product and ranks it among the most valuable companies in the world. In this regard, Google reports that, As of October 2022, Alphabet (Google) has a market cap of $1.328 Trillion. This makes Alphabet (Google) the world's 4th most valuable company by market cap according to our data (Market capitalization of Google, 2022, para. 3). Taken together, it is reasonable to suggest that this outcome was attributable in large part to Googles co-founders impressive entrepreneurial abilities and these issues are discussed below with respect to Page.

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Although the debate over nature versus nurture continues, it is clear that Pages life was shaped by his parents...

…the economic downturn that resulted from the Great Recession in 2008-2009 when he still managed to maintain a corporate culture of innovation and entrepreneurship (Finkle, 2012).

Following the creation of Googles parent company, Alphabet, in 2015, Page made to the decision to turn the company over to Sundar Pichai to pursue other business opportunities (Larry Page, 2022). Perhaps attempting to finally deliver on the repeated promises from the scientific community during the mid-20th century that consumers would enjoy flying cars someday soon, Page personally funded a New Zealand-based company called Kitty Hawk to develop an autonomous electric flying taxi (Larry Page, 2022). In addition, Page is also actively working on asteroid-mining technologies with U.S.-based Braintree Bryan Johnson, and has invested in a Canadian-based firm that is developing an electric vertical take-off and landing aircraft (Joseph, 2021).

Conclusion

Born in March 1973 in East Lansing, Michigan to computer expert parents, Larry Page became one of the richest and most famous entrepreneurs in the world today by co-founding Google with his collegemate, Sergio Brin in 1998. Following a series of acquisitions and the creation of numerous innovative products and services, Google has become a major economic powerhouse that affects nearly all computer-users lives. The research also showed that Page was naturally drawn to computer science during his early academic and professional career, but it was his fundamental entrepreneurial insight into what people really wanted from their online experiences that has driven…

Sources used in this document:

References

Catana, S.-A., Toma, S.-G., & Gradinaru, C. (2021). Larry Page and Internet Entrepreneurship. Ovidius University Annals, Series Economic Sciences, 21(2), 239–243.

Choo, E. (2005). Going Dutch: The Google IPO. Berkeley Technology Law Journal, 20(1), 405–441.

Finkle, T. A. (2012). Corporate Entrepreneurship and Innovation in Silicon Valley: The Case of Google, Inc. Entrepreneurship: Theory & Practice, 36(4), 863–884.

From the garage to the Googleplex. (2022). Google. Retrieved from https://about.google/our-story/.

Joseph, A. (2021, June 21). What is Larry Page doing these days? - All startups Larry Page is working on. StartupTalky. Retrieved from https://startuptalky.com/larry-page-current-projects/.

Larry Page. (2022). Biography. Retrieved from https://www.biography.com/scientist/larry-page.

Market capitalization of Google. (2022). Google. Retrieved from https://companiesmarket cap.com/alphabet-google/marketcap/.

Solomon, D., Palas, R., & Baranes, A. (2020). The Quality of Information Provided by Dual?Class Firms. American Business Law Journal, 57(3), 443–486Wang, X. (2017). Mentor: The Secret Weapon of Young Entrepreneurs. Journal of Youth Studies, 20(2), 113–124.

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