Thursday 3 March 2016

Background of the entrepreneurs

Lawrence Page

Lawrence Page or called as Larry Page was born at 26 March 1973 in East Lansing, Michigan, United States US. He is an Internet entrepreneur and American computer scientist who was co-founded of Google Inc. with Sergey Brin. Besides that, he is also the CEO of Alphabet Inc. which is Google's parent company. In August 2001, he was stepping aside as CEO in the favour of Eric Schmidt. After that, at April 2011 he re-assumed the role. July 2015, He had announced his intention to step aside for second time to become the CEO of Alphabet, under which Google's assets would be reorganized. Under him, Alphabet is seeking to deliver major advancements in variety industries. Google's best-known search ranking algorithm and PageRank was invented by him.

He met Sergey Brin while studying Master of Science in Computer Science at Stanford University which had assistance his created a search engine that returned results based on relevancy key words that entered. He and Brin launched a company under with the name Google Inc at 1998. They become the co-presidents until 2001 when Eric Schmidt was assigned as the CEO and Chairman of Google. In 2011, Eric Schmidt continues to serve as executive chairman and he officially became the CEO of Google. He is also a member of the Board of Directors of the company. He interested in philanthropy and renewable energy technology. In 2004, Google.org was set up, it was the philanthropic branch of the company. It basically works with issues related to renewable energy and climate change.

He is a board member of the XPRIZE (X Prize Foundation) and he was elected to the National Academy of Engineering at 2004. At 2004, he received the Marconi Prize.

In 2007, he married Lucinda Southworth at Necker Island. The island was owned by Richard Branson. Lucinda Southworth is a research scientist, the sister of actress and model Carrie Southworth. He and his wife having two children which born at year 2009 and 2011.Both of his parents Carl Page and Gloria was computer science professors. He also had a sibling called as Carl Victor Page.

In 1995, while he perusing his PhD at Stanford University, he met Brin while working on a research project. In 1996, they working together and built a search engine which initially called as ‘BackRub’. It was operated on the university servers for some months. They decided to incorporate their project as a company. Andy Bechtolsheim which is Sun Microsystems co-founder had played an important role in providing financing to the company. He wrote a $100,000 check for to the program that haven’t existence.

September 1998, the project was renamed as ‘Google’ and it was officially incorporated as a company. In 2001, Eric Schmidt was appointed as the CEO of the company. Lawrence Page and Brin respectively became the presidents of products and technology.

In 2004, Google had launched Orkut, it was a social networking site that introduce the Google Desktop search. Besides that, they become millionaires because of Google held its Initial Public Offering (IPO). Google.org was formed by Google to contribute social causes and issues.

In 2005, Google had released many products like Blogger Mobile, Google Maps, iGoogle and Google Reader. In 2006, Google had introduced chat feature on Gmail and acquired Youtube.

In 2007, Google had partnership with China Mobile and Salesforce.com. In order to make Google Apps for Education freely available to Rwanda and Kenya students, the company had signed partnerships.

In 2008, Google Sites was launched and new version of Google Earth by Google. Google Health also released at that year, it’s a centralization service that provide personal health information but the service was stopped at 2011 because it unable to achieve the desired features.

January 2009, Picasa for Mac was launched and continue with Google Latitude. The latest version of Google Earth released and Google Ventures was introduced at this year. Google Ventures is a venture capital fund for supporting new technology companies.

In 2010, Picnik and Aardvark was acquired by Google. The Google Apps Marketplace was launched make the customers easily manage the cloud applications. It was a online store for integrated business applications.

In January 2011, he became the CEO of Google. The former CEO Eric Schmidt, become the Executive Chairman of the company. In the view to provide better services to their user or customer, Google had acquired Zagat and Admeld.

18 February 2005, he had brought a 9000-sq ft Spanish Colonial Revival architecture house at Palo Alto, California. The house was designed by American artistic polymath Pedro Joseph de Lemos, which formerly curator of the Stanford Art Museum and founder of the Carmel Art Institute. The historic building had US$7.95 million asking price after it been on the market for years. A two story stucco archway with movement style was built to seem like de Lemos family's castle that located at Spain.  It features intricate stucco work, as tile and stone at the California Arts and Crafts and it spans the driveway. Around 1931 to 1941, the hacienda was constructed by de Lemos. It was on the National Register of Historic Places.

In 2009, he began purchasing properties and tearing down homes near to his home and make room for a large ecohouse at Palo Alto. The existing buildings was deconstructed and the materials was donated to reuse. "Minimize the impact on the environment" is the concept or slogan that used to design the ecohouse. He worked with an arborist to replace some poor health trees with others trees that used less water to maintain. With the no or low volatile organic compound (VOC) materials, points for use of recycled and roof garden with solar panels, he had applied for Green Point Certification. The house's exterior and some component of the house was features zinc cladding. Besides that, it also included some eco-friendly elements like pervious path through the trees on the property and permeable paving at the parking court. The size of the house is 6,000-sq ft which also had referenced other green home design features such as low volatile organic compound (VOC) paint and organic architecture building materials.

In 2011, he brought the 193-ft superyacht called as 'Senses' which cost around US$ 45 million. His superyacht was docked at Helsinki. The superyacht was equipped with a gym, helipad, 10 luxury suites, multi-level sun decks, 14 crew. The interior design of the superyacht was designed by famed French which is designer of Philippe Starck. It also has capabilities to explore large ocean. Besides that, it was developed or designed to explore world’s oceans and it can carry comprehensive inventory of equipment to full fill this ship capability. The superyacht was developed by Fr. Schweers Shipyard at their Berne shipyard that located in Germany.

May 2013, he had announced on Google+ post that his right vocal cord is paralyzed because of a cold that he contracted at the previous summer. In 1999, his left cord was paralyzed. He explained that he has been suffering from vocal cord issue for 14 years, from his May 2013 post, the exact cause of the problem still unable to identify by doctors. The Google+ post also revealed that he had donated a considerable sum of money to a vocal-cord nerve-function research program at the Voice Health Institute in Boston, U.S. The program was working at Massachusetts General Hospital, it was led by Steven Zeitels, the Eugene B. Casey Professor of Laryngeal Surgery. The donation was exceeded $20 million which stated by an anonymous source.

October 2013, Business Insider had reported that his paralyzed vocal cords are caused by Hashimoto's thyroiditis which is an autoimmune disease, and avoided him from undertaking Google quarterly earnings conference calls for an indeterminate period.

November 2014, his family foundation, the Carl Victor Page Memorial Fund, reportedly holding assets in excess of a billion dollars at the end of 2013. $15 million had gave to aid the effort against the Ebola virus epidemic in West Africa. He wrote on his Google+ that stated "My wife and I just donated $15 million.... Our hearts go out to everyone affected."

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