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Google To Go Public
 This is huge. Wow. Google is going to offer an IPO later this year that could raise the market value of the company to almost $50 billion dollars and make founders Larry Page and Sergey Brin multi-billionaires instantly. Amazing!
Because of the filing, Google has had to make a number of the business and accounting practices public and it shows a company that is extremely healthy and growing at an amazing rate. I've always admired founders Brin and Page for building a unique type of company and refusing to cave to Wall Street. The company I work for has done with business with the kids at Google, and they have always impressed my as being a very bright, hardworking group of people. While it will be great for them to raise all that capital through the IPO, I hope they have structured things that they still retain control of the company in the right way so that Google doesn't fall prey to the whims of outsider shareholders. Brin and Page have fostered a fantastic work culture at Google and I hate to see that compromised because of a bunch of ornery investment bankers in New York City.
posted by Brendan | 11:21 AM | permanent link
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I'm a Child of the 80s wandering through my days with his lovely wife and three kids.
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