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Part 3/8: With a name inspired by the mathematical term "googol," a one followed by 100 zeros, Google was officially born. In 1998, they secured their first significant investment of $1 million, allowing them to move from their dorm rooms to a garage, which served as their first office. ## Rise to Prominence Despite its early success, Google was not profitable initially and wanted to avoid cluttering its interface with ads. The founders focused on building a trusted user experience, leading to a slow but steady revenue increase. A major turning point came when they secured Eric Schmidt as CEO, who brought much-needed industry experience and professional management to the growing company.
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