2004
Google bought the companies behind Google Maps for about $70 million around 2004, and Maps was estimated to earn about $3 billion in revenue.
“Bought for $70 million, doing about $3 billion in revenue 16 years later.”
Topic
10 facts from 6 episodes, in date order. These are what speakers said on the shows, each linked to the moment it was said. They aren't independently verified.
2004
Google bought the companies behind Google Maps for about $70 million around 2004, and Maps was estimated to earn about $3 billion in revenue.
“Bought for $70 million, doing about $3 billion in revenue 16 years later.”
2004
Google acquired Where 2 Technologies, whose web-based mapping application became the core of Google Maps.
“So Google ends up buying Where To. That becomes the core of Google Maps.”
2005
Taylor recalls that Google Maps launched in February 2005 and added satellite imagery that August.
“we launched in February of 2005 and added satellite imagery in August, if I'm remembering correctly”
2005
Taylor says his rewrite of Google Maps cut the JavaScript bundle needed to show a map to about 20 kilobytes uncompressed.
“we got it down to like twenty K uncompressed, which is pretty impressive in this day and age”
2006
Google released the Google Maps API in 2006, which enabled the 'mashup' wave of web startups.
“All right, there's one more really important piece of maps, which is the next year in 2006, they released the API.”
Undated
Bret Taylor was integral to the creation of Google Maps, according to Reid Hoffman.
“In fact, he was integral to the creation of Google Maps.”
Undated
Bret Taylor says Google Maps' engineering leaders were the Danish brothers Lars and Jens Rasmussen, whose company Where 2 Technologies Google had acquired and hired.
“The engineering leaders were Lars and Jens Rasmussen, two Danish brothers who had started a company called Where Two Technologies that Google had aquihired.”
Undated
Where 2 Technologies had built a Windows application called Expedition, which resembled Google Earth, and Google Maps began as an effort to bring that experience into a web browser.
“That had built a Windows app called Expedition, which was a really cool, installable Windows app, a little bit like Google Earth.”
Undated
Bret Taylor says a story about him rewriting Google Maps over a weekend is mostly true and a little embellished.
“there's this like story that goes on around me about rewriting Google Maps, and and it's like, mostly true and a little embellished, like many great stories are.”
Undated
Choudary says Google Maps let less experienced drivers match experienced drivers and reduced the latter's pay.
“mapping helped the less experienced drivers get access to the same pay and reduce the pay of the more experienced drivers.”
Episodes