Business Week Reports drawer dresser on the Worth of Google amid IPO Buzz.
Some on the Street say the search engine’s IPO could possibly fetch $25 billion. Use a distinct yardstick, and that sum appears way as well higher
You don’t need a search engine to discover opinions about this subject: How much Google would command if it had been to go by means of with a considerably-anticipated, 1st-time sale of stock to the public — which many believe could take place as early as the 1st quarter of 2004. The fascination with Google’s initial public supplying is a no-brainer since it could prove the most profitable and thriving IPO due to the fact Astoria Grand the dot-com crash.
Informed drawer dresser speculation says Google will challenge an initial $1 billion worth of shares, which would represent what analysts consider is about a year’s Astoria Grand worth of sales. That’s a big deal thinking of how unfriendly the IPO climate remains for tech concerns.