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 At IPO, the company offered 19,605,052 shares at a price of $85 per share. Shares were sold in an online auction format using a system built by and , underwriters for the deal.The sale of $1.67 bn (billion) gave Google a  more than $23bn By January 2014, its market capitalization had grown to $397bn.The vast majority of the 271 million shares remained under the control of Google, and many Google employees became instant paper millionaires, a competitor of Google, also benefitted because it owned 8.4 million shares of Google before the IPO took place. At IPO, the company offered 19,605,052 shares at a price of $85 per share. Shares were sold in an online auction format using a system built by and , underwriters for the deal.The sale of $1.67 bn (billion) gave Google a  more than $23bn By January 2014, its market capitalization had grown to $397bn.The vast majority of the 271 million shares remained under the control of Google, and many Google employees became instant paper millionaires, a competitor of Google, also benefitted because it owned 8.4 million shares of Google before the IPO took place.

 

Testing God Dammit

  Jeannette treasured the moment when television sets died, computers shut down, and refrigerators stopped refrigerating. She relished the very second cellphones and battery operated radios became the only links to the outside world. Best of all, she cherished the noble march from her fourth floor apartment to the street below, carefully descending the staircase one slow step at a time, clutching the railing with one hand and carrying a large flashlight in the other. This trek would never be a solo effort; one or more tenants would undoubtedly join her on the journey with lit candles and jumbo flashlights [...]

By | September 10th, 2017|Categories: Uncategorized|0 Comments