Google IPO now official

Johannes Beus
As expected, Google registered their application for their IPO with the US-Securities and Exchange Commission. They are planning on selling $2.7 Billion USD worth of shares in an “unusual, auction-like bidding”. At the same time, it got out that Google made 105,6 Million USD profit in Q1 of 2004 with a 961,9 million USD revenue. The profit is made to 95% from advertisements.

[Google press-release]

Johannes Beus

 Johannes Beus, Founder and CEO of SISTRIX, has been interested in the optimisation of websites for searchengines since 2001. In 2003 he started to regularly publish summaries of his evaluations and share his thoughts on the SEO-sector on one of the oldest German SEO-blogs.
Johannes Beus - on Fri (04/30/2004) at 09:36 AM