Google was founded by Larry Page and Sergey Brin while they were students at Stanford University and the company is a privately held company on 4 September 1998. Initial public offering on August 19, 2004, raising $ 1.67 billion, making it worth $ 23 billion.Through a variety of new product developments, takeovers and partners, the company has expanded its initial search and advertising business up into other areas, including web-based email, online mapping, office productivity, and video exchange.