20 Billion-Dollar Companies That Began As Home Businesses

Trista October 9, 2020

The Google platform consists of multiple uses from emails to search engines. Shutterstock

2. Google

Of all globally-renowned tech companies that originated in a garage, Google is the most well-known. Larry Page and Sergey Brin teamed up to design Google in their dorm. All Sergey and Larry wanted to do was simplify searching for anything with a search engine.

In those days, the majority of search engines, including Yahoo!, demonstrated the ‘search term’ several times on a page. However, Page and Brin turned the search process on its head by introducing the PageRank algorithm as a result of their new way of thinking. In no time, the PageRank system became the exclusive hallmark of Google. The groundwork for Google was laid in 1998 in a Menlo Park garage rented out to them by Susan Wojcicki. Google was therefore up and running five months after Larry and Sergey started on the project.

The duo attempted to sell Google to Excite for a paltry $1 million, which was turned down. Had Excite accepted the proposal then the company would have been rolling in money as Alphabet (Google’s parent company) as a result. This company is worth more than $1 trillion. Google is now synonymous with the term ‘search engine.’ It is easily the most popular search engine globally because of its position.

Google is headquartered in Mountain View, California. This billion-dollar company employs over 115,000 professionals. With an individual net worth exceeding $30 billion, Sergey Brin and Larry Page are two of the wealthiest people globally.

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This company dominates the tech industry from computers and software to emails and video games – and so much more. Shutterstock

1. Microsoft

Another US multinational tech company that had its beginnings in a garage is Microsoft. In 1975, Bill Gates and Paul Allen joined hands to start designing the infrastructure of Microsoft in a garage in Albuquerque, New Mexico. Both Bill and Paul quit college to therefore devote all their time to developing and programming software.

The garage where Gates and Allen worked together was not spacious enough for even two adults. On top of that, they hardly any resources due to their lack of funding. However, their lack of resources and adequate working space was more than made up for due to their exceptional programming skills.

Paul and Bill exploited their programming expertise to install Microsoft’s first operating system thanks to their skill. After that, they did R&D for more sophisticated and complex software systems.

Today, more than 80% of all workstations and processors run on different Microsoft office applications and suites as a result of their successes. This enables the corporation to rake in annual revenues of approximately $93 billion as a result. Along with Apple, Facebook, Alphabet, and Amazon, Microsoft is one of the ‘Big Five’ companies that dominate the US’s IT sector. From 2010 onwards, this technological giant has become one of the most valuable publicly traded companies worldwide thanks to their success. In 2018, Microsoft deposed Apple by reclaiming its position as the most valuable publicly listed company globally.

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