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When Larry Page was six years old, ... (IPO) on August 20, 2004. ... after the historic building had been on the market for years with an asking price of US$7.95 million.
The stock price on that day in August 2004 was $85 per share, which was the low end of its expected $85-to-$95 range. That day, Google sold nearly 20 million shares, notching a valuation of just ...
At IPO, the company offered 19,605,052 shares at a price of $85 per share. [ 69 ] [ 70 ] The sale of $1.67 billion gave Google a market capitalization of more than $23 billion. [ 73 ] The stock performed well after the IPO, with shares hitting $350 for the first time on October 31, 2007, [ 212 ] primarily because of strong sales and earnings in ...
Scott Hassan and Alan Steremberg were cited by Page and Brin as being critical to the development of Google. Rajeev Motwani and Terry Winograd later co-authored with Page and Brin the first paper about the project, describing PageRank and the initial prototype of the Google search engine, published in 1998. Héctor García-Molina and Jeff Ullman were also cited as contributors to the project ...
Larry Page. Daily wealth gain: $5.3 billion. Net worth: $146.4 billion. ... Page stepped down as CEO of the company in 2019 but is still a controlling shareholder, which fueled his wealth gains as ...
Even from Google’s inception, cofounders Larry Page and Sergey Brin considered the company’s potential for astronomical growth. Named after “googol,” the term for the numeral 1 with 100 ...
The founders Larry Page and Sergey Brin are each controlling around 3% of all shares, but are controlling with other insiders the majority of voting shares. The largest shareholders in December 2023 were: [42] The Vanguard Group (7.25%) BlackRock (6.27%) State Street Corporation (3.36%) Sergey Brin (3.0%) [43] Larry Page (3.0%) [43] Fidelity ...
When Google (GOOG) co-founder Larry Page replaces Eric Schmidt as CEO, he'll have a host of things to worry about: ad revenues, growth, Facebook, privacy concerns and just how to get the company's ...