PageRank is that although Page and Brin conceived the idea and created

the algorithm that arrives at a PageRank, it didn’t belong to them. Stanford University actually

owned the patent on the PageRank algorithm until Google purchased the exclusive right to use the

algorithm for 1.8 million shares of the company (which were sold in 2005 for $336 million).

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Interesting facts:  Google’s PageRank is Page and Brin ‘s brain child. They conceived the idea and created

the algorithm that arrives at a PageRank, but it didn’t belong to them. Stanford University

owned the patent on the PageRank algorithm until Google purchased the exclusive right to use the

algorithm for 1.8 million shares of the company, which were sold in 2005 for $336 million.

They sold too early. As of 10.14.2009, it is worth $963 million. Google’s market cap: 170 Billion.

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