Core Insights - Alphabet has shown significant growth since its IPO in 2004, becoming a key player in the tech industry and earning a place among the "Magnificent Seven" [1] - Many investors may be surprised by the extent of Alphabet's growth over the past 21 years due to infrequent examination of the stock [1] Growth Overview - An initial investment of $5,000 at a pre-split price of $85 per share would have resulted in 2,320 shares today, valued at approximately $410,000 [3] - The stock began paying dividends in mid-2024, adding over $2,300 to the total value, bringing it to around $412,300 [4] Revenue Breakdown - Alphabet's primary growth driver has been the digital advertising market, with advertising accounting for about 74% of the company's revenue as of Q1 2025 [4] - Google Cloud now contributes 14% to the company's revenue, indicating diversification beyond advertising [5] Future Growth Potential - Waymo, Alphabet's autonomous driving business, is valued at $45 billion and has the potential to become a significant revenue contributor as self-driving technology gains traction [5] - The continued rise of digital ad revenue at double-digit rates suggests that Alphabet's growth story is likely to persist [6]