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Head-on competing with another search giant Yahoo.com, with 60 million internet users, Google has become one of the most powerful search engines in the world.
In October 2003, Microsoft was seeking possible partnership or merger with Google. The deal fell through. To make sure they have the absolute voting power and ownership, Larry Page and Sergey Brin announced to raise capital of exactly USD $2,718,281,828 ( a product of "e" and $1 billion, where "e" is the base of the natural logarithm) through the Dutch auction with Initial Public Offering.
Process of IPO
Google filed an S-1 form with the Securities and Exchange Commission for the IPO on April 29, 2004...
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