Google Names All Of Wall Street As Underwriters
from the just-in-case... dept
Well, everyone expected Google to get around to naming additional underwriters for their IPO beyond leads Morgan Stanley and CSFB, and now they've gone and named 29 other banks - including, interestingly, Goldman Sachs. Last month, after the IPO filing was made there was a series of stories saying Goldman had been cut from the IPO team for breaking the "rules" that Google's co-founders had set up, and daring to make a pitch to Google's VCs. While they may have lost the lead role, they are still a part of the overall syndicate. As expected also, WR Hambrecht, the Dutch auction specialist is on the list. The list is a fairly complete list of major Wall Street banks. Looks like no one wanted to be completely left out. Off the top of my head, I can't seem to name a major bank that's not on the list.Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.
While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.
–The Techdirt Team
Reader Comments
Subscribe: RSS
View by: Time | Thread
google underwriters
[ link to this | view in chronology ]