BUSINESS: Dot-Com boom, round 2: Google, page 1
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Topic started on 5-1-2004 @ 07:45 PM by SkepticOverlord
Google, Inc. hired Morgan Stanley and Goldman Sachs Group Inc., today to arrange the initial public offering that has long since been rumored. Many say the modern Internet era really began in earnest on April 11, 1994, with the birth of Netscape Communications. Like electricity, vacuum tubers, the transistor, the integrated circuit and microprocessor before it, Netscape's first Web browser was a technological watershed, a crystallizing event that changed the course of nation's economy and, ultimately, the world. Just months later, in August of 1995, the Netscape IPO set the standard and tone for the boom economy that followed.
Today, not quite ten years later, Google, Inc. is poised to set the tone for the nation's slowly recovering economy. The Google, Inc. IPO is rumored to the biggest since CIT Group's $4.87 billion deal in July of 2002. With a $5 billion war chest of spending money, Google will be poised to dominate the next three years of Internet growth and computing.
Bloomberg.com And here we have it, round 2. I had a chance to meet some of the early Google people back in 1997 at the big Internet World Expo here in NYC. Back then, they were just geeky programmers trying to make a cool search engine. Well, no wonder that with how the Internet has evolved since then, search has become an important tool for everyone. And one interesting point to leave you with... isn't "search" really the core of what a computer operating system does? I wonder what Microsoft thinks of all this?


reply posted on 13-1-2004 @ 10:53 AM by Venus

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