Andy

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This war chest of money, coming just before the dot-com bubble burst, combined with Larry and Sergey’s frugal ways, meant that Google would survive the coming nuclear winter. Had Google waited a further year to raise money, it might not have been able to. And by virtue of being flush with cash when the rest of Silicon Valley was seemingly going belly-up, Google was able to have its pick of talent when the dot-com layoffs began.
How the Internet Happened: From Netscape to the iPhone
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