Re:How I Did It: Google's CEO on the Enduring Lessons of a Q...
by d4rt on Wednesday April 28, 2010 @08:46AM
(#1301387)
With regards to the Dutch Auction it may not have captured the maximum value for Google, but did it capture more than the alternative?
According to http://www.businessweek.com/1999/99_47/b3656143.htm the average IPO gained 14.1%, which would suggest they did leave money on the table, although I'd question if Google's IPO would be described as average. By comparison Akamai gained some 458% in it's first day of trading.
According to http://www.businessweek.com/1999/99_47/b3656143.htm the average IPO gained 14.1%, which would suggest they did leave money on the table, although I'd question if Google's IPO would be described as average. By comparison Akamai gained some 458% in it's first day of trading.