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Google Goes Public at $85/share

Posted by michael on from the buckle-your-seatbelts dept.

adpowers writes "It is official. Google will have its IPO debut at $85 per share. To quote the article, 'At that price, the low end of its recently revised range, Google raised $1.67 billion, with $1.2 billion to go to the No. 1 Internet search engine and $473 million to Google executives and investors selling their shares.' Trading begins Thursday, August 19th." Got Google?

2 of 343 comments (clear)

  1. Re:Finally! by Anonymous Coward · · Score: 0, Offtopic

    Remember, you need to buy *5* shares to get into the IPO. Would SCO's market cap (assuming you owned every share) even get you to that limit?
    ;)

  2. Re:Scoffing Analysts by danila · · Score: 1, Offtopic

    The interesting fact is that competing engines such as Vivisimo, Teoma, AllTheWeb and of course Yahoo are basically as good as Google.

    Vivisimo in particular often works better than Google (for me, it may not for you). Many times I failed to find what I wanted because Google returned results (several pages) which are somewhat relevant, but not what a search for these multiple keywords should return. Vivisimo, on the other hand, usually had 100% relevant results near the top.

    --
    Future Wiki -- If you don't think about the future, you cannot have one.