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Topic: Business
Number of pages / Number of words: 20 / 5428
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We are very pleased by this agreement (2008).

After nine years of technological growth, employee expansion to numbers over 800 and unlimited awards, Google offered Initial Public Offerings of 19,605,052 shares of Class A common stock at $85 (2008). Unlike Gene One, some speculate that Google was merely cashing in while the figures were high...


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Unlike Gene One, some speculate that Google was merely cashing in while the figures were high. Public offerings are about raising capital for new projects or offerings, but Google indicated no such need:

Being public is both hard and expensive for companies, and for Google, it seems to be utterly unnecessary -- the company generates plenty of cash from what it does, and it's taking on some risk that being public will change its core culture...


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