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55 Facts You May Not Know About Google

Published

7 years ago

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Google, now a part of parent Alphabet, is one of the most impressive companies to be born in the last two decades.

The domain was registered in 1997 by Larry Page and Sergey Brin, and the company was incorporated in 1998. The “Google Guys” worked out of a garage in Menlo Park, California, with a simple but ambitious mission: to organize the seemingly unlimited amounts of information scattered throughout the web.

It’s almost twenty years later, and we now know that Google’s monetization of search has changed the world. The company basically mints cash for investors each quarter, and this gives Alphabet the leeway from Wall Street to take an unprecedented amount of moonshots to find its next cash cow.

And while the vast majority of people are aware of Google’s success, there are also some things that are less widely known about the company and its history.

55 Facts You May Not Know About Google

The following infographic from BargainFox shares 55 facts on Google, including some that you may not have heard before.

55 Facts You May Not Know About Google

While many have heard that Google was started in a garage (like various other billion dollar tech companies), it is less clear that the garage was owned by Susan Wojcicki, who is now the CEO of Youtube.

Likewise, it is widely known that the name Google was based off of the number “googol”, which is represented by numeral one and then followed by some 100 zeros. However, many people don’t realize that this number is symbolic: it represents the almost infinite amount of individual web pages on the internet, which Google aims to organize.

Lastly, while most advertisers are aware that some search terms are likely to cost more on Google, many do not know the crazy world of ultra-specific legal keywords. Terms like “San Antonio car wreck attorney” and “West Palm Beach criminal lawyer” are the most expensive search phrases to sponsor on Google.

By recent accounts, the most expensive search term these days is “best mesothelioma lawyers” which costs $194.40 per individual click. Law firms are willing to pay for leads, because mesothelioma is a very rare form of cancer caused by exposure to asbestos. Victims suffering from the disease are entitled to receive $1.1 million in compensation from the government within 30 days of their claim’s approval, and as a result, the cases can be very lucrative for lawyers.

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Nvidia Joins the Trillion Dollar Club

America’s biggest chipmaker Nvidia has joined the trillion dollar club as advancements in AI move at lightning speed.

Published

4 days ago

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May 30, 2023

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Nvidia Joins the Trillion Dollar Club

Chipmaker Nvidia is now worth nearly as much as Amazon.

America’s largest semiconductor company has vaulted past the $1 trillion market capitalization mark, a milestone reached by just a handful of companies including Apple, Amazon, and Microsoft. While many of these are household names, Nvidia has only recently gained widespread attention amid the AI boom.

The above graphic compares Nvidia to the seven companies that have reached the trillion dollar club.

Riding the AI Wave

Nvidia’s market cap has more than doubled in 2023 to over $1 trillion.

The company designs semiconductor chips that are made of silicon slices that contain specific patterns. Just like you flip an electrical switch by turning on a light at home, these chips have billions of switches that process complex information simultaneously.

Today, they are integral to many AI functions—from OpenAI’s ChatGPT to image generation. Here’s how Nvidia stands up against companies that have achieved the trillion dollar milestone:

Joined ClubMarket Cap
in trillions		Peak Market Cap
in trillions
AppleAug 2018$2.78$2.94
MicrosoftApr 2019$2.47$2.58
AramcoDec 2019$2.06$2.45
AlphabetJul 2020$1.58$1.98
AmazonApr 2020$1.25$1.88
MetaJun 2021$0.68$1.07
TeslaOct 2021$0.63$1.23
NvidiaMay 2023$1.02$1.02

Note: Market caps as of May 30th, 2023

After posting record sales, the company added $184 billion to its market value in one day. Only two other companies have exceeded this number: Amazon ($191 billion), and Apple ($191 billion).

As Nvidia’s market cap reaches new heights, many are wondering if its explosive growth will continue—or if the AI craze is merely temporary. There are cases to be made on both sides.

Bull Case Scenario

Big tech companies are racing to develop capabilities like OpenAI. These types of generative AI require vastly higher amounts of computing power, especially as they become more sophisticated.

Many tech giants, including Google and Microsoft use Nvidia chips to power their AI operations. Consider how Google plans to use generative AI in six products in the future. Each of these have over 2 billion users.

Nvidia has also launched new products days since its stratospheric rise, spanning from robotics to gaming. Leading the way is the A100, a powerful graphics processing unit (GPU) well-suited for machine learning. Additionally, it announced a new supercomputer platform that Google, Microsoft, and Meta are first in line for. Overall, 65,000 companies globally use the company’s chips for a wide range of functions.

Bear Case Scenario

While extreme investor optimism has launched Nvidia to record highs, how do some of its fundamental valuations stack up to other giants?

As the table below shows, its price to earnings (P/E) ratio is second-only to Amazon, at 214.4. This shows how much a shareholder pays compared to the earnings of a company. Here, the company’s share price is over 200 times its earnings on a per share basis.

P/E RatioNet Profit Margin (Annual)
Apple30.225.3%
Microsoft36.136.7%
Aramco13.526.4%
Alphabet28.221.2%
Amazon294.2-0.5%
Meta33.919.9%
Tesla59.015.4%
Nvidia214.416.19%

Consider how this looks for revenue of Nvidia compared to other big tech names:

For some, Nvidia’s valuation seems unrealistic even in spite of the prospects of AI. While Nvidia has $11 billion in projected revenue for the next quarter, it would still mean significantly higher multiples than its big tech peers. This suggests the company is overvalued at current prices.

Nvidia’s Growth: Will it Last?

This is not the first time Nvidia’s market cap has rocketed up.

During the crypto rally of 2021, its share price skyrocketed over 100% as demand for its GPUs increased. These specialist chips help mine cryptocurrency, and a jump in demand led to a shortage of chips at the time.

As cryptocurrencies lost their lustre, Nvidia’s share price sank over 46% the following year.

By comparison, AI advancements could have more transformative power. Big tech is rushing to partner with Nvidia, potentially reshaping everything from search to advertising.

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