Advertisement

Google Founders Billionaires, Wave IPO Talk

Google Founders Billionaires, Wave IPO Talk

Google´s founders have made news again, and this time not (well not directly) IPO related. Sergey Brin and Larry Page, creators of Internet search engine Google, have joined the Forbes magazine list of world billionaires.

With a wealth of $1 billion each, Sergey Brin and Larry Page have been ranked 552nd on the list.

In related, make that Google IPO related news, Rueters wire reports that Google co-founder Larry Page said on Thursday that he and other executives of the Internet’s most popular search engine provider have made no statements about an initial public offering and said he was “dismayed” by the amount of conjecture being reported as fact.

“We’ve made no statements about an IPO,” said Page, who along with Sergei Brin founded Google in 1998.

“I have been a bit dismayed at the level of speculation that has been reported as fact. It’s pretty amazing the stage we’re at. … Even when we don’t do anything in some area, people make stuff up,” Page told Reuters at a technology conference in Monterey, California.

“I think it’s unrealistic for people to think that Google would affect the whole economy in ways that some people expect,” Page said of the Mountain View, California-based company. “We’re doing pretty well but there is a 40 percent vacancy rate in the offices that surround us where we work.”

CategorySEO
ADVERTISEMENT

Subscribe to SEJ

Get our daily newsletter from SEJ's Founder Loren Baker about the latest news in the industry!

Ebook

Loren Baker

Loren Baker is the Founder of SEJ, an Advisor at Alpha Brand Media and runs Foundation Digital, a digital marketing ... [Read full bio]

ADVERTISEMENT
Advertisement
Read the Next Article
Read the Next