What were the key decisions that Page & Brin made in the early days of Google?
quora.com
quora.com
I did not know that.
I did know Bill Gates' mom was on the United Way executive committee with IBM's CEO.
I think these details are often omitted because we like to promote the idea that all you need is hard work and talent and perhaps a bit of luck to succeed.
We tend to not like stories about success as a function of familiar ties. This may have something to do with our distaste for monarchies and aristocracies.
It's also a bit depressing when you're working on a startup but no one in your family is well off, and no one is on a board with the CEO of a huge and potential partner, and your brother did not sell his startup for hundreds of millions.
A have-vs-have-not mindset can creep in easily and get you down on yourself before you've realized it. But so what if someone else has more advantages? I might not have a rich anyone or well-connected anyone to help me, but I have countless other advantages others don't have as well, that I should be thankful for, and work hard to make good on deserving them. Thanks for the reminder :)
It is still amazing what they did with what they had, despite the fact that they had more than the average person.
However, there is no denying that they were lucky to have that money in the first place so that they could wait until their company was valued more and they had to give less away to VCs. I wonder how many startups had to give away their autonomy for badly needed cash? A large number no doubt.
From Carl Page's perspective: his brother had not yet sold his startup for hundreds of millions. It is quite a feat that he was able to do it by himself. But if Carl Page did have those hundreds of millions as a possible source of funding, could he have kept his startup from VCs longer and had more autonomy in it, and perhaps sold it for billions?
Yeah it does remind me of Bill Gates a lot too. Smart guy, smart decisions, but also a family with wealth and powerful connections.
As pg and paul (Buchheit - Google employee #23) point out, the top answer is inaccurate and misleading about what factors were really important.
As paul said: Unfortunately it's written in an authoratative style, so people assume it's true and upvote, demonstrating one of the major flaws in vote based systems.
I think that (unless you're a historian or somesuch) asking what is the most important 1-2 factors in the success of a person and or company is not very profitable, one should have the larger picture so you can emulate it.
From the answers, my important takeaways to emulate are:
1) Single out what you think is innovative/right/awesome, pursue it relentlessly and let no one hinder you (tech pundits, VCs, board, etc)
2) Be knowledgeable with history of other companies (e.g. why they failed-succeeded) and current dynamics (e.g. the Microsoft-Netscape competition mentioned)
3) Create company culture from day one (one problem with the highest answer is that it never mentions this well-known factor) and don't let it get diluted (OK< maybe after 20K employees)
4) Don't sell out when you see a pile of cash (or do quickly, if your belief in (1) is now gone, before others notice too)
The thing that struct me the first time I went into the house in menlo park where they got started was that instead of techy books on their desks, there were stacks of books on hiring. That was new to me, usually the geeks are thinking about engineering and if not that, marketing.
0: realizing that search was important on its own (it wasn't a loss leader or a gimmick to get people to visit your portal where the real content and money making happened)
1: using cutting edge research to improve search result quality based on human factors (page rank)
2: using cutting edge computer science to create highly efficient search systems through sharding and aggressive parallelization.
3: facilitating aggressive parallelization through highly automated data center operations relying on large quantities of consumer grade hardware.
4: continuing concentration on human factors (UI simplicity, search result speed, unobtrusive advertisements, etc.)
All of these together made google a juggernaut, with some of them google would have been successful but maybe not dominant, with all of them nobody could touch google so long as they managed to monetize well. Better search results faster at lower cost per query and with much higher click-through rates for ads. That's a world beating formula right there.
I can only imagine how Yahoo would have destroyed that company.