Google To Test The IPO Waters?

from the it-could-happen dept

The Register is saying that Google is planning an IPO sometime in the next six months. It's a bit of a surprise that any tech company would try to go public these days, but Google is one of the few companies that people still seem to like. If it goes well, then it could be a signal that it is possible to take tech companies public. Of course, if it flops like Loudcloud, then people are going to joke about what a stupid idea it was to go public.
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  • identicon
    sponge, 25 Jun 2001 @ 12:53pm

    No Subject Given


    google is self maintainting
    there should be almost ZERO cost of running this "company", but this isnt a large scale business

    this would be a good 3 man operation.
    it can make money, but a stock? who knows.
    lots of traffic, sure,,,but that model has been trashed...

    link to this | view in chronology ]

    • icon
      Mike (profile), 25 Jun 2001 @ 1:09pm

      Re: No Subject Given

      They make the money selling the back end technology. Apparently $50 million in revenues so far. That's not bad...

      And, actually, I think there are quite a few costs in running a company like Google. You have a ton of bandwidth to deal with. Also, there's quite an R&D arm to have to keep improving their searching capabilities.

      link to this | view in chronology ]


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