I met both Carl Page and Larry Page at a party hosted by a Stanford friend of mine in 1998. Carl gave me his card for eGroups and said "we're hiring". Larry gave me his card for Google — a flimsy bit of paper obviously printed by bubble jet — and said "we're hiring". I said, "Nah, who needs another search engine?" and went to graduate school. I still have the card.
He wasn't the only one who thought that search engines aren't very useful. Google's founders faced difficulties in convincing investors that a search engine is a good business. Sun's co-founder Andy Bechtolsheim was the first Google investor, back in September 1998. "Andy Bechtolsheim was one of the few to see the true potential of what Brin and Page had wrought. During their presentation to him, Bechtolsheim said he had to duck out for another meeting and offered to write them a check. It was that hundred-grander, made out to Google Inc., that got the ball (and the bank) rolling. Brin and Page incorporated, managing to attract other investors, with an initial investment of around $1 million."
{ via waxy.org }