In Silicon Valley, the Race Is On to Trump Google
In brand-new offices with a still-empty game room and enough space to triple their staff of nearly 30, a trio of entrepreneurs is leading an Internet start-up with an improbable mission: to out- Google Google.
The three started Powerset, a company whose aim is to deliver better answers than any other search engine — including Google — by letting users type questions in plain English. And they have made believers of Silicon Valley investors whose fortunes turn on identifying the next big thing.
“There’s definitely a segment of the market that thinks we are crazy,” said Charles Moldow, a partner at Foundation Capital, a venture capital firm that is Powerset’s principal financial backer. “In 2000, some people thought Google was crazy.”
Powerset is hardly alone. Even as Google continues to outmaneuver its main search rivals, Yahoo and Microsoft, plenty of newcomers — with names like hakia, ChaCha and Snap — are trying to beat the company at its own game. And Wikia Inc., a company started by a founder of Wikipedia, plans to develop a search engine that, like the popular Web-based encyclopedia, would be built by a community of programmers and users.
These ambitious quests reflect the renewed optimism sweeping technology centers like Silicon Valley and fueling a nascent Internet boom. It also shows how much the new Internet economy resembles a planetary system where everything and everyone orbits around search in general, and around Google in particular.
Silicon Valley is filled with start-ups whose main business proposition is to be bought by Google, or for that matter by Yahoo or Microsoft. Countless other start-ups rely on Google as their primary driver of traffic or on Google’s powerful advertising system as their primary source of income. Virtually all new companies compete with Google for scarce engineering talent. And divining Google’s next move has become a fixation for scores of technology blogs and a favorite parlor game among technology investors.
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