Entrepreneuria venture report - Essay Example

On September 15, 1997 Google.com was officially registered as domain (Google, 2013). In June 1999, the venture released their first press release where it announced strategic stake sell to Kleiner Perkins and Sequoia Capital for $25 million. In 2001, Eric Schmidt became the CEO of Google while Brin and Page became the presidents of technology and products respectively. During 2002-05, Google launched many popular products like Adwords, Google News, Adsense, Google Books, Orkut, and Google Map that highlighted their accolades (Google, 2013).

Larry Page and Sergey Brin are the co-founders of the venture. Their initial objective was to establish a search engine algorithm that will be able to determine the importance of individual webpages (Google, 2013). Larry started with launching ‘web crawler’ that works like search engine and explores web that originated from the home page of Stanford. Founder’s primary responsibility was to convert back-link data that the search engines gathers for a particular web page into importance measuring webpage (Google, 2013).

In the year 1996, Robin Li designed a small search engine named RankDex under a subsidiary of Dow Jones. This technology worked on the same concept as Google search and it was also patented. Hence, according to my opinion as the venture grows it would be best for the company to include Li in their team which will help Google to acquire all the intellectual properties of Baidu in China that was used by Li when he founded Baidu. It is the art of mobilizing others to struggle for shared aspirations.

Creativity is the inborn trait of an entrepreneur who effortlessly succeeds in his work and can work with a team by providing them proper guidance & leadership. As discussed earlier, Google’s mission is to organize the information of the world and make them universally available. These envision of imagining exciting