Web Search–Google
Source: News.Com
Brin Comments on Google IPO
From the article, Brin discussed the reasons for not rushing an IPO during an on-stage interview with technology guru Esther Dyson at the PC Forum technology conference…”That’s a lot of work, and I’m lazy,” Brin joked. “It requires filling out a lot of forms. The S1, in particular, seems like a really long one,” he said, referring to the form required by the government to start the IPO process. “Thus far, laziness has won out,” he added. “There are so many other things for us to do.” More seriously, Brin explained that competitors would gain insight on Google’s finances. He added that going public could cause the company to focus too closely on short-term financial concerns and distract employees who watch the day-to-day movements of the stock…The financial reward to employees is one of the compelling reasons for an eventual IPO, Brin said. “So, we can’t avoid it forever.”

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