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Because Larry Page created the famed PageRank algorithm while at Stanford, the university holds the patent. In exchange for long-term rights to the patent, Google gave the school 1.8 million shares of stock, which resulted in $336 million.

Because Larry Page created the famed PageRank algorithm while at Stanford, the university holds the patent. In exchange for long-term rights to the patent, Google gave the school 1.8 million shares of stock, which resulted in $336 million.

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