Thread: Google trading
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Old 12-01-2006, 10:04 AM
Lizza Lizza is offline
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Default Google trading

If you're curious to see how trading has gone since the Google IPO, you can follow it on this NASDAQ graph.

According to the Associated Press:

-- Page collected $41,052,750 and Brin got $40,894,605 from the IPO. That's a pittance compared to their remaining stakes in the company. They are holding on to Google shares that are worth $3,239,416,725 for Page and $3,230,674,475 for Brin.

-- Yahoo sold off 1.61 million Google shares to raise $136,914,430 and still owns 6.59 million shares worth $559,990,710 based on the initial offering price.

-- Eric Schmidt picked up $31,362,025 Wednesday and still owns a stake worth $1,223,118,975.

-- AOL made a killing on the IPO -- $63,218,325. AOL's remaining Google stake is worth $568,965,095.

-- Stanford University. Google still pays Stanford a licensing fee for the technology and gave the university a small stake in the company. Stanford plucked $15,657,595 from the IPO and retains a stake worth $140,274,565.

-- Angel Investors. A list of celebrities including golfer Tiger Woods, basketball star Shaquille O'Neal, California Gov. Arnold Schwarzenegger and former Secretary of State Henry Kissinger all own a sliver of the Angel funds that acquired a small stake in Google during 1999. pocketed $7,061,205 in the IPO and is holding on to a $63,551,355 stake.
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