Business Services Industry

Move to Public Offering Sheds Light on Intensely Private Google Search Engine.

Knight Ridder/Tribune Business News, April, 2004

By Richard J. Dalton Jr., Newsday, Melville, N.Y. Knight Ridder/Tribune Business News

Apr. 30--Google, the Internet's most popular search engine, yesterday filed to sell stock to the public in a quirky offering that said it would be aimed at "making the world a better place."

The plan, expected to raise $2.7 billion, is generating the most buzz since Netscape's 1995 public debut.

The move sheds light on an intensely private 6-year-old company, based in Mountain View, Calif., and started by two Stanford University students, Sergey Brin, 30, and Larry Page, 31. The filings with the Securities and Exchange Commission show Google's revenues hit $961 million last fiscal year, nearly triple the amount in 2002 and more than 10 times 2001's...

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