Ready, Fire, Aim! - Mihail's Public Blog: Google IPO probably in 2004

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Thursday, July 31, 2003

Google IPO probably in 2004

All factors indicated that Google will wait, as it has said, and not go public this year even as the tech stock market has had a solid rise this year according to this San Jose Mercury News story:

Like Netscape in 1995 and eBay in 1998, some believe that a blockbuster initial public offering of stock in the hot private company Google could lead to another IPO wave.

...So it's Google, backed by two high-profile venture firms, Kleiner Perkins and Sequoia, that observers are eyeing. Buzz on the street, though, is that the company won't go public until early next year, and that a host of other private companies in the valley are positing their IPOs for Google's frothy wake.

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