You go, Google!
Just in case you haven’t been reading the financial page (or wondering how the hell everyone seems to get rich except you), Google’s IPO is coming up. If all goes as planned, they will raise over 3 BILLION dollars bring the company’s market value to around 36 BILLION.
Perspective: this means Google will be worth more than Sony or McDonalds (but a billion LESS than Yahoo.).
The two Google founders plan to sell “a small portion” of their shares–netting them around $135 Million (each) in cash at the end of the day. In addition, every man, woman, and geek currently working at Google (about 1,000 people) will become multi-millionaires.
Meanwhile, back in reality, I’ll get three whole weeks of vacation if stay at my company for five years! Only one year to go!