Here's Groklaw's take on
the Google IPO. "If you think they are dewy-eyed innocents,
consider that last year, "Google made almost a billion dollars in revenues
in 2003, and earned about $100 million on those revenues. It looks like the
technology is yielding significant returns on investments that have gotten
them to the point where they are sitting on almost half a billion dollars
in cash.""
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Google Prepares Very Creatively to IPO (Groklaw)
Posted May 4, 2004 4:20 UTC (Tue) by mrpeabody (guest, #21357)
[Link]
I think the headline should be "Google Prepares to IPO Very Creatively (Groklaw)". They're preparing for a creative IPO, not creatively preparing for a mundane one.