Google Has Too Much Cash
Topic: Other Stuff
Posted on Fri, 25 Aug 2006 07:32:17 CDT | by Luigi Lugmayr
Google has so much cash invested that the SEC rules would make it an investment fund and not a company.
Companies whose securities comprise more than 40% of their assets can fall under restrictions that of the mutual fund industry.
Google has currently about $10 billion in cash and securities.
I have a solution to the Google Cash problem: Why not pay every searcher on Google a CPQ (Cost Per Query) of $0.20c. Every user is going to be happy and there will be soon no having-to-much-cash issue for Google.
Google already asked the Securities and Exchange Commission for an exemption. No word on the decision yet.
More details on Bloomberg.
Posted on Fri, 25 Aug 2006 07:32:17 CDT | by Luigi Lugmayr
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