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Anyone know who owns Google?

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GHOSTDANCER Donating Member (550 posts) Send PM | Profile | Ignore Sat Oct-23-04 03:11 PM
Original message
Anyone know who owns Google?
I mean as far as more shares held? Didn't it just go public? Wouldn't the most widely search engine be important to anyone who wanted to control information? If you can't find the data then it doesn't exist. It's the new and improved form of "Removed from Circulation" or "Book Burning"
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candy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-23-04 03:13 PM
Response to Original message
1.  I thought the two founders were the majority stockholders.
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Philostopher Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-23-04 03:16 PM
Response to Reply #1
2. I think you're right, candy.
I think they chose to hold 51% of the stock themselves so nobody could come in and tell them how to run Google. Basically, the financial pundits thought this was stupid and a bad move; the tech pundits thought it was pretty smart. This way, they aren't tied to stockholder insistence on profits. The shareholder stocks they sold are diluted, as well -- their shares mean more to decision-making than the sold stocks.
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serryjw Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-23-04 03:44 PM
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3. They have been controlling info .......
in the last 2 years concerning Bushit & Co
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