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The net worth of Google in 2007 was 23 billion. (Reuters, 2005)
An investor from Sun Microsystems made the first initial investment of $100,000. A few months later capital venture firms, Kleiner Perkins Caufield & Byers and Sequoia Capital, invested more money into Google. The initial IPO launched August 2007 with shares offered at $85 dollars a share gave Google a market capitalization of 23 billion. The company is traded on American and European stock markets. (Google, 2007))
Corporations are legal entities and as such, assets can be held in the corporation. Corporations can be self-governing with abilities to sign contracts and at the same time courts can assign duties or obligations to the corporations as well...
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