In 1998 Google founder Sergey Brin offered fellow Stanford University PhD students Anand Rajarman and Venky Harinarayan the chance to buy Google for $1m (£675,000). They said no.
A year later, with Amazon’s backing, Mr Rajarmand and Mr Harinarayan offered $300m. But Mr Brin, and Google co-founders Larry Page, refused to accept less than $1bn.
Today the Indian internet entrepreneurs have secured $20m of new funding from Time Warner for their own search site – Kosmix.