The first iteration of the Google search platform went live on Stanford’s website in August 1996, using up almost half of the University’s network bandwidth. They quickly realized that this method would yield higher quality results than the conventional search engines of the time. To help sort out the data, Brin programmed a page-ranking algorithm to show which websites had the most pages linking back to them. In March 1996, Page and Brin launched a web crawler to scour the web for backlink data. Working out of dorm rooms, the pair, along with the help of programmer Scott Hassan, built the search engine around gathering information about website backlinks to determine what pages could be used for academic citations and publishing. candidates Larry Page and Sergey Brin started the research project “BackRub,” in 1996, they likely had no idea what it would become. Today, eBay remains of the most enduring success stories from the early days of the World Wide Web. It never lost its status as the go-to platform for person-to-person and business-to-customer auctions.
In 1997, the company was renamed eBay, inspired by Omidyar’s consulting firm: Echo Bay Technology Group.
The three rented a small office in San Jose, California, where the site’s success continued to multiply. The following month, Omidyar quit his day job and brought on Jeff Skoll as president of the company. He hired Chris Agarpaoas, his first employee, and is still with the company today. By June 1996, AuctionWeb had sold 7.2 million dollars worth of goods, and Omidyar could not manage the site alone.
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