Google Financing Issues That Google Term Paper

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(Harris, 2004) Google was able to show such confidence, even arrogance, however, in its initial transformation into an IPO because of its unique, stratospheric success as a company. Also, by establishing a wide shareholder base amongst the public, it was able to resist control by a concentrated faction of shareholders. When going public, most IPOs fall "under greater pressure to produce steady earnings growth -- an expectation that some executives say leads to shortsighted management decisions," and the management of a public company can feel compelled to "make some decisions just so you can show growth from quarter to quarter."(Liedtke, 2004)

Regarding Google, one industry analyst stated: "After the IPO, they're going to have to think in terms of predictable quarterly results and momentum...You have to have a level of predictability and experience to warrant being a public company."(Liedtke, 2004)

But canny Google founders, forever thinking outside of the box, found a way "to insulate themselves from...

...

(Apr 30, 2004). "Google does IPO its own way." Business and Technology News. Seattle Times. Retrieved 21 Nov 2006 at http://seattletimes.nwsource.com/html/businesstechnology/2001916221_googleipo30.html
Harris, Roy. (21 Oct 2004). "Maybe Next Year: The failure of the Google IPO to sizzle confirms the market wants only steak." CFO Magazine. Retrieved 21 Nov 2006 at http://www.cfo.com/article.cfm/3220008/c_2984411/?f=archives

Sources Used in Documents:

Works Cited

Liedtke, Michael. (Apr 30, 2004). "Google does IPO its own way." Business and Technology News. Seattle Times. Retrieved 21 Nov 2006 at http://seattletimes.nwsource.com/html/businesstechnology/2001916221_googleipo30.html

Harris, Roy. (21 Oct 2004). "Maybe Next Year: The failure of the Google IPO to sizzle confirms the market wants only steak." CFO Magazine. Retrieved 21 Nov 2006 at http://www.cfo.com/article.cfm/3220008/c_2984411/?f=archives


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