SEC Might Want To Cool Off After Reading About Google In Playboy
from the yes,-they-read-it-for-the-articles dept
Poor Google. They've made such an effort to remain ridiculously quiet during the "quiet period" to avoid any IPO delays, but now it's looking like the thought of being in the same pages as naked women may have gotten to them. The latest issue of Playboy apparently has an interview with Google's co-founders that some believe may make the SEC impose a "cooling off" period (I won't even go there...) before they'll allow the IPO to proceed. This is, of course, the same thing that happened to Salesforce.com, that had a huge NY Times interview with its founder come out days before the expected IPO. The SEC made them push that IPO off a month. Considering the weak state of the IPO market these days, this might not actually be a bad thing, though I'm sure Google was hoping to get the process over with as quickly as possible, to get rid of all this negative press and detailed attention surrounding the IPO. Of course, it does make you wonder... what happens to the auction process? Since the bidding is set to close any minute now, if the IPO gets put off a month, will they let people change their bids? Over the next month, plenty could happen that might make people change how they feel about Google and what they might be willing to pay. Update: Looks like the SEC cooled off pretty quickly, and the IPO is set to go off tomorrow.
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
you are joking about the quiet period, right?
It is not surprising that there is a playboy interview. Standard procedure for google is to ignore all rules and laws and steam roll your way through. Witness: infringed on googles.com, froogles.com, gmail.com trademarks, overture patent without bothering to do any due diligence - why bother, they are google and rule the internet how they see fit.
Don't like it? We will make you invisible!
[ link to this | view in chronology ]
Re: you are joking about the quiet period, right?
[ link to this | view in chronology ]
Re: you are joking about the quiet period, right?
[ link to this | view in chronology ]
Re: you are joking about the quiet period, right?
[ link to this | view in chronology ]
Amazing
[ link to this | view in chronology ]
No Subject Given
[ link to this | view in chronology ]
Re: No Subject Given
[ link to this | view in chronology ]