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Drift Net > digital culture Google Goes Big
Google sells shares to private investors-making the search engine's founders billionairesSearch Engine Giant google is finally making itself known on wallstreet-selling their shares for a total $2.7 Million. The market share on wall street is predicted to be at least $30 Billion, making the two founders, Larry Page and Sergey Brin billionaires several times over. What's more interesting is that the founders-former grad students barely in their thirties-filed a somewhat antagonistic public statement for Wall Street. The Letter From the Founders can be read online here. Taking an argumentative tone, the duo are clearly skeptical of the structure of publically traded companies. The letter opens with the words "Google is not a conventional company"-probably the most undisputed part of the document, given its meteoric rise and its founders hesitance to use typical corporate models in their product. These are the same founders, remember, that refused to sell their company to Microsoft for several billion dollars and claimed as one of their reasons that it would be "bad for the world". |
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| Recent comments by Bill Gates have stirred up a small backlash among copyright reformists |
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 08.21.2004 - 4:06 pm EDT"Roshan shares a personal anecdote about P2P software"
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