Wednesday, August 18, 2004

David Coursey's Weblog: Google: Pull the IPO and Start Over

David Coursey's Weblog: Google: Pull the IPO and Start Over "The Google IPO, if successful, will create the worst kind of company, a quasi-public entity in which the founders shares have a 10-to-1 per share voting advantage over the shares you and I could own. That's wrong and is the sort of corporate governance we've come to associate with scandal-plagued companies like Adelphia.
If Google wants to be a public company, it should be just that--and that means a share is a share, no matter who owns it."

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