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Google Financing Issues That Google Term Paper

(Harris, 2004) Google was able to show such confidence, even arrogance, however, in its initial transformation into an IPO because of its unique, stratospheric success as a company. Also, by establishing a wide shareholder base amongst the public, it was able to resist control by a concentrated faction of shareholders. When going public, most IPOs fall "under greater pressure to produce steady earnings growth -- an expectation that some executives say leads to shortsighted management decisions," and the management of a public company can feel compelled to "make some decisions just so you can show growth from quarter to quarter."(Liedtke, 2004)

Regarding Google, one industry analyst stated: "After the IPO, they're going to have to think in terms of predictable quarterly results and momentum...You have to have a level of predictability and experience to warrant being a public company."(Liedtke, 2004)

But canny Google founders, forever thinking outside of the box, found a way "to insulate themselves from...

(Apr 30, 2004). "Google does IPO its own way." Business and Technology News. Seattle Times. Retrieved 21 Nov 2006 at http://seattletimes.nwsource.com/html/businesstechnology/2001916221_googleipo30.html
Harris, Roy. (21 Oct 2004). "Maybe Next Year: The failure of the Google IPO to sizzle confirms the market wants only steak." CFO Magazine. Retrieved 21 Nov 2006 at http://www.cfo.com/article.cfm/3220008/c_2984411/?f=archives

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Liedtke, Michael. (Apr 30, 2004). "Google does IPO its own way." Business and Technology News. Seattle Times. Retrieved 21 Nov 2006 at http://seattletimes.nwsource.com/html/businesstechnology/2001916221_googleipo30.html

Harris, Roy. (21 Oct 2004). "Maybe Next Year: The failure of the Google IPO to sizzle confirms the market wants only steak." CFO Magazine. Retrieved 21 Nov 2006 at http://www.cfo.com/article.cfm/3220008/c_2984411/?f=archives
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