August 13, 2004

E-commerce > Google May Have to Delay IPO

From Reuters: "Google Inc. on Friday said its founders' interview with Playboy magazine may have violated securities rules just hours before the auction is scheduled to open on its highly watched and unusual $3.3 billion initial public offering."

Google's management should have known better. I worked for a company during an IPO. Small as our company was compared to Google, management made it very clear to us that no one was to speak to the media during the quiet period leading up to the IPO.

Posted by lesjones



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