Iowa Electronic Markets Trades In Google IPO Contracts

IEM has been making interesting markets for years, most notably in Presidential election outcomes. Now they are making a market in Google's future IPO. There are two such markets, described here and here and quoted in real time here. The upshot: the market's only been open for a few days,…

iem_logoIEM has been making interesting markets for years, most notably in Presidential election outcomes. Now they are making a market in Google’s future IPO. There are two such markets, described here and here and quoted in real time here.

The upshot: the market’s only been open for a few days, but it’s already guessing that Google will close on its first day with a market cap of between $25 to $39 billion. That’s the bid/ask spread. I’ve sent email to a couple folks I know to see if they can ascertain any more insights…

Thanks, Tipster Who Will Remain Anonymous!

Author: John Battelle

A founder of NewCo (current CEO), sovrn (Chair), Federated Media, Web 2 Summit, The Industry Standard, Wired. Author, investor, board member (Acxiom, Sovrn, NewCo), bike rider, yoga practitioner.

4 thoughts on “Iowa Electronic Markets Trades In Google IPO Contracts”

  1. I am a part of the marketing department for HBIC, and I came across your site while searching on google. We are looking to do some text link advertising in order to gain more exposure for our site. I am inquiring to see if you are interested in letting us put a small phrase on your homepage. Let me know if you are interested in working out a deal. No reciprocals.

    Thanks,

    Ty James
    http://www.homebuildersinformationcenter.com

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