WSJ.com - The Grownup at Google "The company was founded in 1998 by Larry Page and Sergey Brin, Stanford graduate students with a better way to search through the Internet's ever-expanding material. Three years later, Silicon Valley veteran Eric Schmidt joined as chairman and chief executive to bring some structure to the unorthodox -- some might say anarchic -- start-up.
Mr. Schmidt, 48, says he was given one instruction by Google's board: "'Don't screw this up now, Eric. This is a really, really good starting point. ... So it doesn't require some gross change.'" Google's venture backers wanted the company to grow without introducing cumbersome bureaucracy."