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A fun read. One thing noted is that if they filed IPO competition would know Googles Finacial Status which is a good point :)
He added that going public could cause the company to focus too closely on short-term financial concerns and distract employees who watch the day-to-day movements of the stock.
That sums it up pretty well at this stage of the company`s life I think. They obviously don`t need any extra equity for future development at all. That means that the external investors (VC`s) have agreed to wait before they can "harvest" from their initial investment.
I'll keep watching it, and I have money people around me always asking bout google so there are the people out there interested in it. But I see your pheers, as stated in the article they would have to please the holders and watch money when right now they dont have to answer to the world and stuff going up and down. I wouldnt want something bad to happen then googleguy become Ex-GoogleGuy because of finacial situations moving things around. :D
Sergey Brin is a funny guy though talken bout the forms being too long :D
The financial reward to employees is one of the compelling reasons for an eventual IPO, Brin said. "So, we can't avoid it forever."
>worth having a forum for a Google IPO watch.
We'll be here to support you in your time of need when your are face-to-face with one of lifes most difficult decisions, to get the blue Porche or the red Porche?
With all this talk of Porches perhaps it is time for ciml to rewrite his Search Engine Theme Pyramids and Google [webmasterworld.com] posting to use Porches rather than widgets in the examples :)
If there's words like "IPO" in the forum, I may not post in here all that often. I'll probably read the posts though. :)
I think that is a wise idea Googleguy. One never knows and I am sure that if the company ever decides to go public all you guys will be drilled as to what you can and can not say by the investment bankers.