|
|
 |
Google IPO - Initial Public Offering of Google Stock. Google Shares
Being Offered in a Public Auction IPO.
Home »
Google IPO
Google's IPO (Initial Public Offering) exhibits another
milestone in Google's history and marks a highlight of the Internet
industry.Google auctioning public shares. Details about the Google IPO.
Official Google IPO, Google Foundation
Google has filed their IPO. Seeking $2.7B, Morgan Stanley and Credit
Suisse First Boston. They will be auctioning shares. Earned $105.6 million
on revenue of $961.8 million in the 2003 fiscal year. In the first quarter
of 2004, they earned $25.8 million on revenue of $178.9 million. Letter
from the founders:
Google is not a conventional company. We do not intend to become one.
Throughout Google’s evolution as a privately held company, we have managed
Google differently. We have also emphasized an atmosphere of creativity
and challenge, which has helped us provide unbiased, accurate and free
access to information for those who rely on us around the world.
Now the time has come for the company to move to public ownership. This
change will bring important benefits for our employees [...] and most of
all for Google users. But the standard structure of public ownership may
jeopardize the independence [of Google]. Therefore, we have designed a
corporate structure that will protect Google’s ability to innovate and
retain its most distinctive characteristics.
[...] Serving our end users is at the heart of what we do and remains our
number one priority. [...] If opportunities arise that might cause us to
sacrifice short term results but are in the best long term interest of our
shareholders, we will take those opportunities. [...] We will not shy away
from high-risk, high-reward projects because of short term earnings
pressure.
[...] we have set up a corporate [dual-class] structure that will make it
harder for outside parties to take over or influence Google. [....] Google
[] has a responsibility to the world. The dual-class structure helps
ensure that this responsibility is met. [...] we will not unnecessarily
disclose all of our strengths, strategies and intentions. [...]
By releasing services for free, we hope to help bridge the digital divide.
[...] Last year we created Google Grants—a growing program in which
hundreds of non-profits addressing issues, including the environment,
poverty and human rights, receive free advertising. And now, we are in the
process of establishing the Google Foundation. We intend to contribute
significant resources to the foundation, including employee time and
approximately 1% of Google’s equity and profits in some form. We hope
someday this institution may eclipse Google itself in terms of overall
world impact by ambitiously applying innovation and significant resources
to the largest of the world’s problems.
Initial public
offering - A
description for Google by
Wikipedia, the free encyclopedia.
Initial public offering or IPO, in financial market terminology, is
the initial sale of the common shares of a corporation to the
public. It represents a primary market.
The sale of stock is regulated by authorities of financial
supervision and where relevant by a stock exchange. It is usually a
requirement that disclosure of the financial situation and prospects
of a company be made to prospective investors.
In the United States, during the dot-com bubble of the late 1990s,
many venture capital driven companies were started, and seeking to
cash in on the bull market, quickly offered IPOs. Usually, the stock
price spiraled upwards as soon as a company went public, as
investors sought to get in at the ground-level of the next potential
Microsoft.
Initial founders could often become overnight millionaires, and due
to generous stock options, employees could make a great deal of
money as well. The majority of IPOs could be found on the Nasdaq
stock exchange, which is laden with companies related to computer
and information technology.
This phenomenon was not limited to U.S. In Japan, for example, a
similar situation occurred. Some companies were operated in a
similar way in that their only goal was to have an IPO. Some stock
exchanges were set up for those companies, such as Nasdaq Japan.
Additional Resources
 Google Hacks: 100 Industrial-Strength Tips & Tools
If you want to link to Logoogle:
Now you can offer your visitors another quick access point to the
world of Google logos. Just copy and paste the code into your page and add
Google Logo access to your site.
This Google logo link will look like this at your page:
Fake Google Logos, Google Logo Images, Google Logo Pictures by Google Fans, Google Logo Design Awards
Logoogle.com is the most comprehensive resource on the web for: Fake Google Logos, Google Logos, Genuine Google Logos, Google Holiday
Logos, Rotating Google Logos, Google Logo Art, Google Fan Logos, Google
IPO Logos, Global Google Logos, Google Fun, Google Merchandise...
|