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Larry And Sergey

larry and sergey

Don't want to be evil? Better get rid of the Google plane

Lefty think tanks Essential Action and the Institute for Policy Studies have a new study out titled “High Flyers: How Private Jet Travel is Straining the System, Warming the Planet and Costing You Money." It implies some not-so-nice things about jet owners and Google founders Larry Page and Sergey Brin — even if they are left-leaning, Prius-driving friends of Bono. According to the report, private jets negatively impact: More »

perks

Google daycare now a luxury for Larry and Sergey's inner circle

Life inside the Googleplex already resembles a daycare center, with its primary colors, bouncy exercise balls, and free food. But if you're a parent working at Google, daycare has become a nightmare. As recently as last July, Google advertised its Kinderplex child-care center as a perk, though the rates it charged weren't much below the market price. The reality: Googlers haven't been able to get their kids into the Kinderplex, thanks to a long waiting list, and the facility is now closing, being replaced by overpriced facilities designed at the behest of Susan Wojcicki, the multimillionaire sister-in-law of Google cofounder Sergey Brin and mother of four. Google employee-parents are up in arms — not over the price hike itself, but over the way the decision came down from on high. More »

toogle many googlers

Google's suburban sprawl

Google's announcement today of a massive campus expansion was inevitable. Having taken over every last scrap of office park around it not occupied by neighbor Intuit, Google is expanding the Mountain View Googleplex to the west — and, more controversially, to the east, on land owned but poorly used by Nasa. Ignore the happy talk about Google and Nasa's scientific partnerships; those are an obvious fig leaf to cover the use of public land by a private entity. (Let's not even get started on Larry Page, Sergey Brin, and Eric Schmidt's sweetheart deal to park their party plane on Nasa grounds.) Google has grown to be a powerful employer in the Bay Area, and its wealthy executives donate freely to local politicians, so we should hardly expect the powers that be to stop it. What's good for Google is good for America, or so we'll be told. More »

don't be testy

Google cofounders: Google vs. Microsoft vs. Yahoo "horse race" is unhealthy for Internet

For a while it looked like Google had successfully killed the Microsoft-Yahoo merger with its promise to pump up the profits of Yahoo's search results. So perhaps you'll forgive Google cofounders Sergey Brin and Larry Page for a little crankiness now that talks between Yahoo and Microsoft are on again. Asked about Microsoft's plans to buy Yahoo's search business for a rumored $21 billion, Page told reporters in the U.K. he's tired of talking about the deal and would like them to stop asking about it: "If we're focused on what the other companies are doing we won't make much progress." The Financial Times reports that Page and Brin even complained that the "horse race" between Google, Microsoft and Yahoo "was unhealthy for the development of the Internet." It was much easier when no one was paying attention to Google, wasn't it, Larry and Sergey? More »

caption contest

Now it's time on Sprockets when we dance

Proud Google CEO and father figure Eric Schmidt looks on as Sergey Brin and Larry Page announce their undying love for each other in the wake of the California Supreme Court decision legalizing gay marriage. We kid! Or fantasize, what have you. But we couldn't resist when our tipster pointed out how the young founders' outfits matched a little too well while speaking at a Google Zeitgeist event. Can you suggest a better caption? Do so in the comments, and the winning one will become the new headline on this post. Friday's winner: Torley, for "Our hero travels back in time to star in Breakfast Club 2." (Photo by Joi Ito)

jackpot

Paying taxes is for the little people who earn wages

Disgraced stock analyst Henry Blodget has found a new reason to fawn over the Valley's billionaires: Jerry Yang, Steve Jobs, and Larry and Sergey pay themselves $1 salaries. Hank, haven't you heard that there's a crisis in Social Security? The $1 salary is the perfect combination of tax dodge and publicity stunt. Jerry, Steve, and the Google boys pay 6 cents of their buck towards Social Security, and a penny for Medicare. Those taxes aren't charged on investment income — the kind generated when a founder sells his shares. "It would be nice if we started to see the same gesture from chief executives in the rest of corporate America," writes Blodget. Sure, if you want to make sure the rest of us get nothing when we retire.

larry and sergey

Schmidt: Page and Brin are all grown up now

"I was brought in as sort of a father figure — somebody who has a lot of operating experience — because [Google] at the time was very small and basically right out of Stanford," Google CEO Eric Schmidt said in a press conference in Australia yesterday.
[But] Larry and Sergey are now adult leaders of a god knows how many billion-dollar valuation company and have done it for a long time.
(Photo by jdlasica)

holiday cheer

Happy Pi Day!

Pi Day, potentially the nerdiest of the nerd "'holidays", is celebrated on March 14 — 3/14. Larry and Sergey, we imagine, are celebrating it now with an organic, locally sourced pastry at the Googleplex's kitchens. (Photo by AP/Larry Crowe)

exclusive

Transcripts of Wikipedia founder's sex chats

In which Wikipedia's chief non-expert Jimmy Wales worries that Larry Page and Sergey Brin will be able to read their instant messages, talks dirty about broadband infrastructure, and says his "Google killer" startup Wikia needs to make him enough money so he can buy a jet where he and Canadian girlfriend Rachel Marsden can have even more sex. Friends claim that Wales, worried Marsden would leak the chats, threatened her with blackmail charges over the transcripts, and talked about jail time and deportation back to Canada for her. That got her so upset she sent copies to one or more friends. They've landed in our inbox. Good job, Jimbo. The best bits: More »

schadenfreude

Larry and Sergey lost $10 billion in less than a month

Google founders Larry Page and Sergey Brin collectively own 57,806,476 shares of Google stock. One month ago, Google's stock was trading at $710.84 — putting Larry and Sergey's combined holdings at $41.1 billion. That'll buy you a few party planes, right? Not so fast. In the past month, Google's stock has fallen almost every day, with the biggest drop coming today. The one-day loss for Larry and Sergey? Almost $2.5 billion, bringing their total losses to $10 billion in just under a month. I guess I won't complain about the $120 I lost at the poker tables with Jason Calacanis last month. (Photo by AP/Ben Margot) More »

google jet

Google Jet boldly goes where no jet has gone before

The Google founders' Gulfstream V party plane — quick plane-spotting tip: the Gulfstream V has six windows; the IV only has five — took off on a scientific mission to study the Quadrantid meteor shower Thursday. Larry, Sergey and Eric, you may remember, got permission to park their jets at NASA's Moffett Field for the bargain basement price of $1.3 million plus allowing NASA to use the planes for "science missions." This is the first one we know about. Wait, just how many jets do they have? More »

the way we were

Before Google was Google, it was more than a bit naughty

Before Larry and Sergey named Google after a typo, Larry Page called his Stanford project BackRub. Blogoscoped thinks the name comes from the way Page's algorithm used backlinks to judge a search result's relevancy. We just think the name is kind of pervy, especially since Google is now a verb. Millions of people, BackRubbing all day long — it's some kind of geek dream. And yes, by the way, that is Larry Page's hirsute paw.

larry and sergey

There's nothing more modest than a Boeing 787

Google founders Larry Page and Sergey Brin are more "virtuous" than Saudi Prince Alwaleed bin Talal, the Guardian's Alexander Chancellor blathers. Why? Because while the prince purchased a new Airbus A380, which some call a flying mansion, Page and Brin "don't have private jets" and "own nothing more flashy than a modest Toyota Prius." More »

larry and sergey

Google boys seriously in love with biotech

What are Sergey Brin and Larry Page really obsessed about? Look no further than their choice in lifemates, says Attila Csordas. Sergey Brin married 23andMe cofounder Anne Wojcicki — and also lent the company $2.6 million, which Google repaid when it invested $3.9 million in the company. Larry Page's fiancée, Lucy Southworth, is close to earning her Ph.D. — a feat neither Page nor Brin has accomplished. Her field of study is biomedical informatics, a field which harnesses high-powered computing for biotech research. Larry and Sergey made their billions on online advertising, a business the pair openly despised when they created the Google search engine. The heart has its own code, and in Larry and Sergey's case, I think it's DNA base pairs.

mine is bigger

Saudi Prince buys world's biggest plane -- are Google boys next?

Prince Alwaleed bin Talal of Saudi Arabia is purchasing a custom Airbus A380. The biggest passenger plane in the world — 6,000 sq. ft. — will cost more than $400 million once it is outfitted with all the accoutrements necessary to fly one of the richest men in the world. The prince already owns a custom Boeing 747, previously the biggest private plane in the world, and has a fortune worth around $20 billion. Don't count out Google cofounders Sergey Brin and Larry Page, though. The Google boys are worth around $20 billion each and also have an affinity for custom jets. More »

jackpot

Googlers are richer than you

If the typical Googler hired in 2003 exercised all of his options and held onto the shares, they would now be worth almost $8 million, writes Wendy Tanaka in a Forbes article on stinking-rich Googlionaires, ex-Google employees who were at the right place at the right time. And those Googlers worth $8 million? The regular, workaday ones. Add a few zeros behind that number to get to executive-level compensation. Sergey and Larry have sold more than $2 billion worth of stock. Sales head Omid Kordestani and CEO Eric Schmidt both have more than $1 billion in the bank from their Google stock sales, which should leave them enough cash to use for their extracurricular activities. And what do rank-and-file Googlers do with their extra spending money? More »

party plane

Google CEO sells a jet -- and eyes two more

Google CEO Eric Schmidt has apparently sold a Gulfstream V jet recently listed for sale on Aviationbusinessindex.com. Could Schmidt at last be shrinking the grotesquely conspicuous fleet he owns with Google cofounders Larry Page and Sergey Brin? Hardly. Sources in the private-jet industry tell Valleywag that he's buying another Gulfstream V to replace that one. And, more incredibly, he's said to be have his eye on a Boeing 787 Dreamliner, possibly through the auspices of the International Lease Finance Corp. ILFC has ordered 74 hard-to-get Dreamliners for delivery starting in 2010. If Schmidt, Page, and Brin get their hands on one, they'll be flying the 787 long before some of the largest airlines in the world.

larry and sergey

Which Google founder has the best wedding site?

There's nothing like good-natured competition amongst cofounders. So which Google founder topped the other with the best wedding locale? Sergey Brin and Anne Wojcicki of 23AndMe conjoined their gene pools at magician David Copperfield's exclusive Musha Cay, and it's rumored that Larry Page and fiancée Lucy Southworth have reserved Richard Branson's Necker Island, pictured above, for a December 7 wedding. A complete comparison of the private islands after the jump. Who splurged the most? You decide. More »