Google Chooses An Underwriter For Upcoming IPO

PenguinSix writes "Bloomberg and a bunch of others are reporting that Google has hired Morgan Stanley and Goldman Sachs Group Inc. to arrange its initial public offering. This follows literally years of rumors and stories about a Google IPO. About a third of Mountain View, California-based Google may be sold in the IPO, giving the company a market value of about $12 billion, the bankers said." Google has become so invaluable to many people (like me) that they could probably raise just as much money with a blackmail scheme.

Comments

Google - "Pineapple-Upsidedown-Beans"

[ackthpt]

Buy Google Stock!

I'd prefer to see Google sell shares right over the internet through their website, maybe allow you to buy via an online payment service or other immediate means, such as credit card (with a validation period or something like that to prevent fraud.) I'd probably buy a few shares just 'cause I think they'd look cool in frames and would make great geek gifts! :-)

Google's geek following is strong, it would be a shame if a bunch of suits were owners. Good idea to keep it to only 1/3, but how long will that last?

GOO appears available as a stock ticker symbol.

Regarding blackmail, how so? Hasn't Google already been under the scope for fixing searches? Seems a dodgy thing to do once you're publicly traded, but fine as long as you're privately held.