What would you do with 3 billion?

Posted By: yellowwing ()
Posted On: 2004-Jul-28 05:59

Everyone is all the buzz over the pending Google Initial Public Offering. New sources and market projections predict that Google will raise anywhere from 2.7 billion to 3.3 billion dollars.

Google is promising investors that they will keep expanding their markets by inovating new technologies to access information. They certainly would have the resources to continue to recruit the best and brightest.

I'm predicting that the Google engineers will make great strides in delivering information through convergence technologies.

Will future SEO work be in optimizing television programs?


Posted By: thejenn ()
Posted On: 2004-Jul-28 16:59

I don't know about this IPO...it's all sounding more and more fantastical to me.

An initial market valuation of $36 billion? Seriously...is Google worthy of having a higher valuation than McDonald's? Than Ford Motor Company? It sounds like a bit of a reach to me.

As for the share price (because they could have lower share price with more shares and keep the same valuation), part of me wonders if they've set the price so high just to keep some investors out of the mix. In other words, they don't want the folks that are going to buy 100 shares at $10 a share and try to sell it at $12 or $15 to turn a quick buck. Having an initial share price that high is going to keep a lot of those "make a buck" types out of the initial purchase.

With that accomplished, it would be easy enough to do a double or even quadruple split within a week or so to get share prices down to more resonable levels. I'm not saying that will happen, but it does sound like a possibility.


Posted By: Rezac ()
Posted On: 2004-Jul-31 17:56

$10 a share? It's going to be around $120 a share is what I heard.