free html hit counter Good Morning, Your Net IPO Today Is Not Yet Google... | John Battelle's Search Blog

Good Morning, Your Net IPO Today Is Not Yet Google…

By - April 23, 2004

IPOBut it will be shortly, the Wall Street Journal reports. The article is behind a subscription wall, excerpts:

…The announcement is linked to the fact that Google will soon be required to disclose publicly more information about its business, under a Securities and Exchange Commission rule triggered after closely held companies surpass a certain size. Google is expected to have to make such disclosures as early as next week. …

..Based on early chatter among bankers, the offering could value Google at as much as $25 billion, and spread nearly $100 million in fees across Wall Street. Last fall, some of Google’s prospective advisers estimated the valuation of the company could be in line with other Internet leaders. Those include Yahoo Inc., valued at $38 billion, Amazon.com Inc. at $20 billion and eBay Inc. at $54 billion….

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