Eric Schmidt explains why the greatest products are built for their creators first. Larry and Sergey built Google for Stanford, got a $100,000 check from Andy Bechtolsheim before the company even had a name, and ran early servers from a garage that became their first headquarters.
Chapters
If you think about the greatest products, they've almost always been designed for the benefit of the people who actually are building them. And so the Uber story, they built this to share apps. And in fact, the original Uber was a private sharing group. Larry and Sergey built Google for Stanford and particular for themselves. The server was in Larry's dorm room, and. And they needed a second server. They didn't have enough power, so they ran the cord over the room into the gentleman next door's dorm room. They opened up the server for the entire campus here. And the usage was phenomenal. Andy Bechtolsheim heard about it through David chariton. He wrote $100,000 check. They didn't have a name for a company. He wrote the check, he gave it to Sergey. Sergey put it in his wallet without a name on it for $100,000 and left it in his wallet for a month until they had the name Google invented. They moved into Sergey's girlfriend's sister at the time, then wife, ex wife, the long history of life there, house, which we now own, where they set up these servers in the garage. And they slowly took over each of the bedrooms. And this poor woman who I think was pregnant at the time, kept saying, the baby's coming, the baby's coming. They put Google world headquarters in the baby's room. Right. So the rest.