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-   -   Google cancels IPO (https://gfy.com/showthread.php?t=230302)

Rorschach 02-03-2004 01:41 AM

Google cancels IPO
 
http://business.timesonline.co.uk/ar...981726,00.html

sworld 02-03-2004 01:42 AM

damn it...

joseph4829 02-03-2004 01:42 AM

That sucks!

DarkJedi 02-03-2004 01:43 AM

ha ha !!

swami 02-03-2004 01:49 AM

Great scoop.
This has got the jump on all the google forums that i frequent.

Webby 02-03-2004 01:50 AM

Stability is good :winkwink:

Odin 02-03-2004 01:59 AM

Damn, it is sensible, but for those willing to take a bit of a risk it sucks.

Odin 02-03-2004 02:00 AM

It's sensible, but for those who were willing to take the risk it surely sucks. But Google isn't the fittest it has ever been, and if they are confident that they can improve their results, etc more, it is probablly a good move.

(Sorry for double post)

KraZ 02-03-2004 02:11 AM

$20 Billion ... I thought the days of Internet craze are long past:BangBang:

SleazyDream 02-03-2004 02:12 AM

i wonder if the venture capital firms Sequoia Capital and Kleiner Perkins Caufield & Byers would be interested in buying into porn sites?

berg.the.red 02-03-2004 02:29 AM

wonder if it has anything to do with the fact everyone is pretty much saying Google Sucks!! after their last couple of updates ...:Graucho

pradaboy 02-03-2004 02:50 AM

maybe they're afraid of M$ already???

Rorschach 02-03-2004 02:53 AM

Quote:

Originally posted by pradaboy
maybe they're afraid of M$ already???
I would be... even though the M$ search is going to suck, if it's built right into Longhorn it's going to grab a ton of lucrative newbie traffic.

Baal 02-03-2004 03:11 AM

Smart move on Google's part. Doing an IPO in a market where tech stocks are still having a rough time is like trading in a future (2-3 years) dollar for 25 cents right now. They don't need the cash right now, so why IPO before the market recovers?

Oh, and I *seriously* doubt that potential investors even have a clue about SEO, let alone the recent Google ranking changes. They're looking at the books and the market, not at ranking algorithms.


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