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Google buys its founding garage

October 3, 2006

Internet giant Google has bought a landmark in its history – the suburban home where it was founded in 1998.
Google has paid an undisclosed fee for the property in Menlo Park, California, where Larry Page and Sergey Brin started the business from a garage.

At the time Google has $1m (£535,000) in funds, compared with £10bn in cash reserves today and a total market value of $125bn.

Google bought the property from one of its employees, Susan Wojcicki.

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