Lessons From 10 Years of Google


Jared Dillian

 | Aug 19, 2014 | 10:00 AM EDT
  • Comment
  • Print Print
  • Print

Google (GOOG) just celebrated the 10-year anniversary of its initial public offering. There are lots of lessons here.

First of all, I remember exactly where I was when Google went public. I had just taken over the ETF desk at Lehman Brothers. I was sitting in the back of the trading floor, back up against the staircase, and I had something of a vista, looking out over cash and derivatives and programs and everyone else. If you recall, Google had a direct-to-investors online offering. I don't remember the details of how it worked, but it wasn't a firm underwriting. I also seem to remember Google raising some multiple of pi amount of money, like 3.14 billion or something like that. This was back when Google was a lot funnier than they are now....547 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money trading floor.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. Staffed with nearly 3 dozen investing pros, money managers, journalists and analysts, Real Money gives you a flood of opinions, analysis and trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please Login
Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.