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Google IPO, Google Foundation (Google Weblog)
Topic: Miscellaneous 3:46 pm EDT, Apr 29, 2004

] But the standard structure of public ownership may
] jeopardize the independence [of Google]. Therefore, we
] have designed a corporate structure that will protect
] Google%u2019s ability to innovate and retain its most
] distinctive characteristics.

One of the better bits of coverage on the IPO. I guess this may be one of those opportunities where I agree with a dual-class control structure -- to fend off hostiles and the short-term junkies -- although I still would hope they will put a sunset clause on it. And if they can maintain the valuation types they are going for, control isn't going to be much of an issue anyway.

Google IPO, Google Foundation (Google Weblog)



 
 
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