Google IPO in Doubt
Retail indifference and a problem with unregistered shares may jeopardize Google's plans
August 5, 2004
Looks like Google may not be able to afford those 1.35 billion cokes, after all (see Tracking Google's IT Booty).
The search engine, which recently filed for an IPO, is running into trouble with the public offering, based on a new legal complication -- and a general lack of interest from investors, according to multiple sources around the investment community.
Google officials declined to comment for this story.
After all the hype and planning, is it possible that the Google IPO could become... ungoogled?
Get the whole, sweet lowdown at Next-Gen Data Center Forum.
— Evan Koblentz, Senior Editor, Next-Gen Data Center Forum, and R. Scott Raynovich, US Editor, Light Reading
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