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The 2008 Founders' Letter

Source: Official Google Blog

May 07, 2009

Summary

Posted by Sergey Brin, Co-founder & President, Technology

Every year our founders take turns writing a letter that is included in our annual report. We originally published the 2008 Founders' Letter on our Investor Relations site. Since today is the annual Stockholders' Meeting at our Mountain View headquarters, we wanted to make it more widely available. We welcome you to have a read, and you can also check out the webcast of the Stockholders' Meeting, beginning at 2 p.m. PT today. – Ed.

Introduction

Since 2004, when Google began to have annual reports, Larry and I have taken turns writing an annual letter. I never imagined I would be writing one in the midst of an economic crisis unlike any we have seen in decades. As I write this, search queries are reflecting economic hardship, the major market indexes are one half of what they were less than 18 months ago, and unemployment is at record levels.

Nonetheless, I am optimistic about the future, because I believe scarcity breeds clarity: it focuses minds, forcing people to think creatively and rise to the challeng ...Read the full article

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