Date: August 19th, 2004
Cate: Regular
Tags:

GOOGoogajoob

Google suddenly is worth about 27 billion dollars — close to the size of General Motors, about a tenth the size of Microsoft. But does this mean their crazy auction failed? Their IPO price was $85, but the stock immediately rose to around $100. Did they leave lots of money on the table, consumed by middlemen?

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