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Thread: Google Finally Goes Public: Worth $30 Billion

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    Lurker Mac Reporter's Avatar
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    Default Google Finally Goes Public: Worth $30 Billion

    A Very Public Offering
    By Steven Levy
    Newsweek

    May 10 issue - "Google is not a conventional company. We do not intend to become one." With those words, one of the chattiest, most idealistic and economically momentous "S-1" forms ever—the filing that announces a public stock offering—hit Wall Street with a wallop. The century's most anticipated IPO was on, and the document, revealing the search giant's financial details, business strategy and risk factors instantly eclipsed Bob Woodward's Iraq book as the most-talked-about tome in the nation. Thousands downloaded it from the SEC's Web site, poring through hundreds of pages with a single question on their minds, a query not answerable by the otherwise perspicacious Google search engine: should I get in on this?


    Google founders Sergei Brin and Larry Page

    Full story here.

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