Google Marks 20 Years Since IPO
Google Marks 20 Years Since IPO
Google Marks 20 Years Since IPO
News summary

Google celebrates the 20th anniversary of its IPO, which occurred in August 2004, marking a significant milestone in the tech industry. Founded by Sergey Brin and Larry Page, Google has grown to dominate the search engine market, with nearly 70% of internet users relying on its services. An initial investment of $1,000 at the IPO price of $85 would now be worth approximately $375,000, reflecting a staggering increase of over 6,500% in stock value. Google's diverse business model now encompasses YouTube, cloud computing, and AI, contributing to its market cap exceeding $2 trillion. The company’s unconventional Dutch auction IPO set a precedent for future tech offerings and has been described as a transformative event in investment history. As it continues to innovate, Google faces scrutiny regarding its market power and potential regulatory challenges.

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Google IPO banker tracks two-decade journey from Silicon Valley upstart to $2 trillion
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Google IPO banker tracks two-decade journey from Silicon Valley upstart to $2 trillion

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