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Google marches forward to IPO


Friday, April 23, 2004 Google Inc. moves forward with its plans on an initial public offering, according to a news source.

Google is expected to disclose more information about its business to the public as early as next week, sources familiar with the matters said. 

Based on analysts estimation, the offering could put Google at $25 billion in market value. With that type of valuation, Google could well be in par with other major standing dotcom leaders, including Yahoo Inc., valued at $38 billion , Amazon.com Inc. at $20 billion and eBay Inc. at $54 billion .

By: DocMemory
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