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Om Malik is a San Francisco based writer, photographer and investor. Read More
Google is down/sporadic! Makes me believe in god – the outage has happened on the very day they arrogantly announced their intentions to raise as much as $3.3 billion in an IPO that values the company at as much as $36 billion…Google will sell 24.6 million shares for between $108 and $135 a share, according to an SEC filing. Google didn’t say when its auction-style IPO would be held. The company plans to list its Class A shares on the Nasdaq Stock Market under the symbol “GOOG”.
Interesting tidbit:
CNBC survey: 93% of respondents to CNBC survey say won’t bid for Google shares b/c too expensive.