"Why I won't be a Google IPO Investor

[Dave Farber <dave () farber net>]

Delivered-To: dfarber+ () ux13 sp cs cmu edu
Date: Fri, 30 Apr 2004 10:56:37 -0700
From: Dewayne Hendricks <dewayne () warpspeed com>


[Note: This item comes from reader Matt Oristano.  DLH]

> From: Matt Oristano <Matt () Oristano net>
> Date: April 30, 2004 10:26:16 AM PDT
> To: dewayne () warpspeed com
> Subject: "Why I won't be a Google IPO Investor
>
> Dewayne:
>
> Great post at Red Herring re Google.  An excerpt follows.
>
> Regards,
> Matt
>
>
>
> Why I won't be a Google IPO investor
>
>
> First, there is the problem of Google's fanatical confidentiality fetish...
> The problem is that the IPO will happen not for the benefit of new 
> shareholders but those owners who today hold all the cards and astonish 
> Wall Street with their iron-clad confidentiality agreements and refusal to 
> provide would-be investment bankers with financial information.
>
> "Google exists to make information accessible and useful," the Journal 
> begins, contrasting the company's mission with its culture, which is built 
> on preventing access to information. For example, Web sites that sign up 
> for the Google AdSense program agree that they cannot share information 
> about "click-through rates or other statistics about site performance" 
> provided by Google ­ making it impossible for site publishers to share 
> information and understand how Google is treating them. Google is actually 
> very selective about what information will be free, no matter how much 
> information wants to be free, in Stuart Brand's famous coinage about the 
> nature of knowledge in the information age.
>
>
> full post at <http://blog.redherring.com/MT/archives/main/000188.html>


Archives at: <http://Wireless.Com/Dewayne-Net>
Weblog at: <http://weblog.warpspeed.com>


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