scareduck - 9:18 pm on Feb 25, 2003 (gmt 0)

This is a double jinx on any speculative Google IPO -- it sets the standard for a search engine company, and Google's valuation looks much smaller now, maybe $300M market cap instead of the $1-2B they want to see. That means Kleiner Perkins sees maybe $100M, probably close to their actual investment.