Could Excite have bought Google?

Could Excite have bought Google?

It’s an infamous story of Internet history as well as business lore, but in 1999, the search engine Excite.com—then running number two to the reigning champion of search in the dot-com era, Yahoo—had the opportunity to purchase Google, the site that would eventually dethrone Yahoo as the king of search, for the low-low …

Who had the opportunity to purchase Google in 1998 but turned it down?

Yahoo Refused to Buy Google In 1998, Larry Page and Sergey Brin, the founders of Google, approached Yahoo to sell Google for $1 million ($1.5 million today). Yahoo refused the offer. That was a big mistake.

Who passed on buying Google?

In 1999, Larry Page and Sergey Brin were looking to sell Google to search engine Excite for about $750,000. But Excite’s CEO George Bell passed on the offer.

How was Excite search engine unique?

The popular public search engine Excite began life as a project called Architext created by six Stanford undergraduates in February 1993. Their idea was to use statistical analysis of word relationships in order to provide more efficient searches through the large amount of information on the Internet.

How much is Google worth 2021?

In early 2020, Alphabet became the third American tech company to be worth $1 trillion in market value, joining Apple and Microsoft….How Much Is Google Worth Now?

What Is Google Worth?
Second Quarter 2021 Revenue $61.880 billion
Shareholders’ Equity $237.565 billion

Did Google sell itself in 1999?

Early in 1999, Brin and Page decided they wanted to sell Google to Excite. They went to Excite CEO George Bell and offered to sell it to him for $1 million. He rejected the offer.

What is Google’s 2020 worth?

Since then, the company’s brand value saw a steep increase, with 2021 becoming the record year for the tech giant to date and its brand valued at 458 billion U.S. dollars. The multinational internet service corporation recorded the highest ever revenue, nearly 182 billion U.S. dollars in 2020.

Does excite com still exist?

It is currently operated by IAC Applications (formerly Mindspark) of IAC, and Excite Networks. In the U.S., the main Excite site has long been a personal start page called My Excite. The original Excite company was founded in 1994 and went public two years later.

Is Google a metasearch engine?

What is a meta search engine? A meta search engine is a specialized form of search engine that aggregates results from the data of other search engines. Meta search engines can either be generalized, as most search engines like Google are, or specialized in a topic or vertical.

What is YouTube net worth?

Google acquired YouTube for US$1.6 billion back in 2006. We estimate YouTube to be worth up to US$170 billion in 2020, delivering Google a +100x return in under 15 years.

How much did Google want to sell to excite?

The story goes that after Excite CEO George Bell rejected Page and Brin’s $1 million price for Google, Khosla talked the duo down to $750,000. But Bell still rejected that. Whoops. As of today, Google’s market cap stands at $167 billion.

Who was the founder of Excite that failed to acquire Google?

On stage today at our TechCrunch Disrupt conference in San Francisco, Vinod Khosla, the founder of Khosla Ventures, recalled a story from the days when he backed Excite, one of the original Internet portals. Specifically, he spoke briefly about the time they failed to acquire Google.

What was the difference between Google and excite?

Excite versus Google. And, we really, frankly, couldn’t see much difference. There wasn’t a clear delineation. I think if you talked to Graham Spencer [Excite’s technical founder] he would tell you that they’d done some very clever things in technology, that he thought would allow them to scale with real speed.

When did excite buy Magellan and web crawler?

In 1996, Excite purchased two search engines: Magellan for $18 million, and Web Crawler from AOL for $12.3 million. (These big purchases might have explained Bell’s reluctance to sink another million into a college project named BackRub).