

Yahoo, Google and Real Estate!
Here is a brief history on the evolution of Google and Yahoo. Afterwards, we shall see what this has to do with real estate:
GOOGLE -
During 1996, Larry and Sergey teamed up to analyze Web links as research toward a PH. D. thesis. Since this work took longer than anticipated, Larry came up with the theory of counting the number of links to a website could be a way of ranking that website’s popularity. Later on, they applied the Page Rank to the Internet. By early 1997, a primitive search engine called BackRub was developed. During the autumn of 1997, BackRub earned a new name, Google, derived from the googol a mathematical term, which means a number equal to 1 followed by 100 zeros and is expressed as 10 to the 100th power.
After its initial beginnings, the development of Google as a company reminds me of any small cottage industry that can abruptly grow in leaps and bounds to take over its industry sector. If Thomas Edison is called the genius of Menlo Park, Sergey and Larry, too, may be called genius-wizards of Menlo Park, because like Edison, they rented a large house in Menlo Park from where to continue the expansion of their company. Menlo Park became the nest from which Google the research project became Google.com.
One bright idea that led Google to its present day success was the idealism of its founders. During the heyday of the dot com companies, Sergey and Larry preferred to keep the company private as long as they possibly could because they wanted to build the best search engine; the money they could gain by making the company public was not so important.
Still, the company needed cash to expand, especially after moving to the new company headquarters in Palo Alto, and on June 1999, Sergey Brin and Larry Page announced that two venture capital companies, Kleiner Perkins and Sequioa Capital, had agreed to invest $25 million dollars in Google with their managers Doerr and Moritz joining Google’s board of directors. With this announcement, the Google revolution started taking roots.
YAHOO -
Yahoo! began as a student hobby and evolved into a global brand that has changed the way people communicate with each other, find and access information and purchase things. The two founders of Yahoo!, David Filo and Jerry Yang, Ph.D. candidates in Electrical Engineering at Stanford
University, started their guide in a campus trailer in February 1994 as a way to keep track of their personal interests on the Internet.
Before long they were spending more time on their home-brewed lists of favorite links than on their doctoral dissertations. Eventually, Jerry and David’s lists became too long and unwieldy, and they broke them out into categories. When the categories became too full, they developed subcategories … and the core concept behind Yahoo! was born.
The Web site started out as “Jerry and David’s Guide to the World Wide Web” but eventually received a new moniker with the help of a dictionary. The name Yahoo! is an acronym for “Yet Another Hierarchical Officious Oracle,” but Filo and Yang insist they selected the name because they liked the general definition of a yahoo: “rude, unsophisticated, uncouth.” Yahoo! itself first resided on Yang’s student workstation, “Akebono,” while the software was lodged on Filo’s computer, “Konishiki” - both named after legendary sumo wrestlers.
Today, Yahoo! Inc. is a leading global Internet communications, commerce and media company that offers a comprehensive branded network of services to more than 345 million individuals each month worldwide. As the first online navigational guide to the Web, www.yahoo.com is the leading guide in terms of traffic, advertising, household and business user reach. Yahoo! is the No. 1 Internet brand globally and reaches the largest audience worldwide. The company also provides online business and enterprise services designed to enhance the productivity and Web presence of Yahoo!’s clients.
These services include Corporate Yahoo!, a popular customized enterprise portal solution; audio and video streaming; store hosting and management; and Web site tools and services. The company’s global Web network includes 25 World properties. Headquartered in Sunnyvale, Calif., Yahoo! has offices in Europe, Asia, Latin America, Australia, Canada and the United States.
Both companies started on a very small level and evolved as the founders grew. This is the incredible part of real estate as well. You can start small with a one bedroom condo, then as the market rises, you can pull money out of the condo and buy a small house. As that house appreciates, the income from the rents will help buy another house and so on. it is a fantastic investment because you can start at any level and grow as long as you live within your means and do not over-leverage yourself.
Create your own Yahoo and Google with your real estate investments. To get a head start, go to www.MichaelDunn.com or www.NorthwoodPointeIrvine.com or www.ThePelcianEstates.com to get more specific information.
Happy investing.
Mike
Mike Dunn
Realtor / President
CB Platinum Properties / LIN, LLC
Tel 949-533-2581 - Fax 949-861-6886
www.MichaelDunn.com
www.MichaelDunnBlog.com
www.ThePelicanEstates.com
Someone once said: “What goes around, comes around.
Work, like you don’t need the money.
Love, like you’ve never been hurt.
Dance, like nobody is watching.
Sing, like nobody is listening.
Live, like it is Heaven on Earth.”
Posted: April 24th, 2008 under Hot Tips, Real Estate News.
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