Google Ponders Open IPO

Oct 23 2003, 11:36pm EST | by Luigi Lugmayr

Based on a News.com story today, Google is currently looking into an electronic bidding and placement system for its IPO, that aims to put individuals on an equal footing with powerful institutional investors.

News.com goes on saying that based on a report Google could be publicly traded by March 2004.
The plans are still in very early stages for the IPO, which could value the company at more than $15 billion!

Using a method like W.R. Hambrecht + Co. OpenIPO, everybody could bid on IPO shares not just the big investment firms.
For Google, because of its extremly wide appeal to people, this would be a very suitable route.

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Luigi Lugmayr
Luigi is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.