Of Startup Funding and Business Models - The story of Google -

Of Startup Funding and Business Models - The story of Google -

Wry ToastmastersAlex Marinov

Speech #8

4 Steps of Google Startup Success

1. Genius idea2. $100,000 check3. $25,000,000 VC funding4. “Borrowed” business model

Smart Search - Google Page Rank

FREE MONEY!

MORE FREE MONEY!

goto.com the first paid search engine

Have a genius idea Find $100K to play with Raise $25 MM on a promise Don’t worry about making money Copy someone’s else’s business model Become a new verb in the English languish

THANK YOU!

APPENDIX

• QUALITY SCORE: HOW TO RANK ADS– SERVE THE MOST POPULAR (A.K.A RELEVANT

ONES SINCE THEIR BUDGET CAN BE SPENT QUICKEST)

Invent free car fuel Find $100K to play with Raise $20MM on a promise Don’t worry about making money Copy someone’s else’s business model Become a new verb in the English languish

Of Startup Funding and Business Models - The story of Google -

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Of Startup Funding and Business Models - The story of Google -