Monday, May 3, 2004

Google IPO - Irrational exuberance?

Much has been made of Google’s S-1 filing last week in which Google will raise $2.7 billion in an IPO auction.

It turns out that if you read the entire S-1, you’ll note that the amount they plan on raising is actually $2,718,281,828.

Why? Pete has the answer.

I love it. The number is almost definitely a numerical play on words (play on numbers?) tip ‘o the hat to Mr. Greenspan and his famous speech.

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