There were other search engines before, like Yahoo and Excite. (And who still asks Jeeves questions? I don't think I've ever had success with him.) However, none compare to how convenient it is to "google." Two key phrases that stuck out to me was "venture capitalists" and "entrepreneurs." Innovation takes a lot of time and money to take big risks and make limitless profits. I'm betting those who didn't take that leap feel really dumb, but I guess that's the game.
I realize Google is no longer just a search engine. It is making ventures in social networking with Google Wave, gmail features, blogger, and now Google Buzz. There's probably more I'm forgetting.