Public Markets For Predicting Google's Market Cap

Posted by timothy on Wednesday August 11, 2004 @12:11AM from the put-your-non-money-where-your-mouth-is dept.

k2enemy writes "The Iowa Electronic Markets have created two markets where traders may buy and sell contracts based on beliefs of Google's market cap at the end of the first day of public trading. The first market, GOOGLE_LIN, trades contracts with liquidation values linearly dependent on the market cap. The second, GOOGLE_WTA, trades six unique and exhaustive contracts in a winner-takes-all market. The markets are currently suggesting a market cap around $30-35 billion. The IEM is also popular for its political markets, which have been very successful (more accurate than polls) at predicting political elections."

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Re:Stranded in IEM by The-Bus · 2004-08-11 00:46 · Score: 1, Funny

I like how Google is approximately 200 times better than even the President.

(Sorry I have to do this, but it's a joke!)

I mean, Google found 1,330,000 links to WMD and Bush found like 10, but they were all 404s.

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Small potatoes make the steak look bigger.
Re:Stranded in IEM by Placido · 2004-08-11 00:55 · Score: 3, Funny

So who has the controlling shares for each candidate?

Florida.

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Pinky: "What are we going to do tomorrow night Brain?"
Brain: "I would tell you Pinky but this 120 char limi
Re:FUD by Anonymous Coward · 2004-08-11 01:05 · Score: 2, Funny

Why not go to the source ipo.google.com for info.