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Lot #6277
Google: Larry Page Signed Check for Patent Application - PSA MINT 9

PageRank innovator and Google co-founder Larry Page files for patent in 1999

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Description

PageRank innovator and Google co-founder Larry Page files for patent in 1999

Historic Google, Inc. business check, 6 x 2.75, filled out in type and signed by Page, "Lawrence Page," payable to patent attorneys Limbach & Limbach L.L.P. for $768.56, May 11, 1999, with the memo noting: "3/31/99 patent application." Google's address is given as "165 University Ave., Palo Alto, CA 94301," otherwise known as the 'Lucky Building' or 'Karma Building.' In fine condition. Encapsulated and graded by PSA/DNA as "MINT 9."

Google, Inc. was officially incorporated on September 7, 1998, by Sergey Brin and Larry Page, as a way to bring their 'PageRank' algorithm—an improved method of ranking internet search results, developed in the course of their Stanford doctoral work—to the masses. Although their PageRank patent was assigned to Stanford University, Google held exclusive license rights on that patent. As the company continued to innovate, they routinely filed for new patents to protect novel ideas and intellectual property: Google has reportedly amassed an impressive patent portfolio consisting of over 117,979 patents globally, more than 70% of which remain active.

Having received several million dollars in venture capital investments, Google, Inc. had just moved out of its Menlo Park garage (at the home of Susan Wojcicki) and into its first real office space in Palo Alto's 'Lucky Building'—famed as an incubator for several noted Silicon Valley startups. In addition to documenting an early patent filing, this check represents Google's early, rapid growth—the firm occupied the 'Lucky Building' for only a few months before needing to move to a larger space, a victim of its own success.

The consignor notes: "In August of 1998, Andy Bechtolsheim wrote a check to Google for $100,000 becoming the initial investor in the company. Later in 1998 there was additional investment in the company including $250,000 by Jeff Bezos in November 1998. With this additional funding and with the number of employees growing, the company moved into the first office space at 165 University Avenue in Palo Alto in March of 1999…I joined the company in April of 2002. I worked in the Finance department as the manager of Disbursements and Payroll. I was the first manager level hired in the Finance department. I came across these checks as we were moving from one location to another, as we did frequently. The checks were to be discarded to make room for other files. The company was growing very fast at the time. I kept them thinking it would be fun to have from a historical perspective."

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