banking 12 report - ipo of google and facebook

7/26/2019 Banking 12 Report - Ipo of Google and Facebook

1/12

I.P.O. - GOOGLEREPORTER: CHARISSE DIANNE LEONARDO


2/12

HISTORY - GOOGLE LARRY PAGE AND SERGEY BRIN


3/12

HISTORY - GOOGLE The frst Google computer at Stan ord

was housed in custom-made enclosuresconstructed rom Lego bricks .
https://en.wikipedia.org/wiki/Lego_brickhttps://en.wikipedia.org/wiki/Lego_brickhttps://en.wikipedia.org/wiki/Lego_brickhttps://en.wikipedia.org/wiki/Lego_brick


4/12

HISTORY - GOOGLE By !!"# $age and Brin are both grad

students and they%re collaborating on asearch engine called &Back'ub(.

)n !!*# $age and Brin decide to renameBack'ub to something else. & Google ( isborn. )t%s &a play on the word + googol #% amathematical term or the numberrepresented by the numeral ollowed by

,, eros. The use o the term re ects theirmission to organi e a seemingly infniteamount o in ormation on the web.


5/12

I.P.O - GOOGLE


6/12

I.P.O. - GOOGLE The frst unding or Google as a company was

secured in /ugust !!0 in the orm o a1S2 ,,#,,, contribution rom /ndy Bechtolsheim#co- ounder o Sun 3icrosystems# gi4en to acorporation which did not yet e5ist.

6n 7une *# !!!# a round o e8uity unding totaling29: million was announced; the maaufeld ? Byers and Se8uoia >apital. @hile Googlestill needed more unding or their urthere5pansion# Brin and $age were hesitant to take thecompany public# despite their fnancial issues. Theywere not ready to gi4e up control o4er Google.


7/12

I.P.O. - GOOGLE

Aollowing the closing o the 29: million fnancinground# Se8uoia encouraged Brin and $age to hirea > 6. Brin and $age ultimately ac8uiesced andhired ric Schmidt as Google%s frst > 6 in 3arch9,, .

)n 6ctober 9,,C# while discussing a possible initialpublic oDering o shares E)$6F# 3icroso tapproached the company about a possiblepartnership or merger. The deal ne4ermateriali ed. )n 7anuary 9,, # Google announced

the hiring o 3organ Stanley and Goldman SachsGroup to arrange an )$6. The )$6 was pro


8/12

I.P.O. - GOOGLE

GoogleHs initial public oDering took place on/ugust !# 9,, . / total o !#",:#,:9 shareswere oDered at a price o 20: per share. 6 that#

# 9# C: Eanother mathematical re erence asI9 J . 9 C:F were oated by Google and:# "9#! * by selling stockholders.

The sale raised 1S2 ."* billion# and ga4eGoogle a market capitali ation o more than 29Cbillion.K 3any o GoogleHs employees becameinstant paper millionaires. ahooM# a competitoro Google# also benefted rom the )$6 becauseit owns 9.* million shares o Google.


9/12

I.P.O. - GOOGLE >63$/N 6O 'O) @ P$ 'TS

Use of Proceeds @e estimate that we will recei4e net proceeds o

2 # "C." million rom our sale o the # 9# C:shares o >lass / common stock oDered by us inthis oDering# based upon our initial public oDeringprice o 20:.,, per share# a ter deductingunderwriting discounts and commissions andestimated oDering e5penses payable by us. @ewill not recei4e any o the net proceeds rom thesale o the shares by the selling stockholders.
http://var/www/apps/conversion/tmp/scratch_7/GOOGLE%20-%20NASDAQ.jpghttp://var/www/apps/conversion/tmp/scratch_7/EXPERTS.jpghttp://var/www/apps/conversion/tmp/scratch_7/EXPERTS.jpghttp://var/www/apps/conversion/tmp/scratch_7/GOOGLE%20-%20NASDAQ.jpg


10/12

I.P.O. - GOOGLE The principal purposes o this oDering areQ

to obtain additional capital to create a public market or our common stock and

to acilitate our uture access to the public e8uitymarkets.

or general corporate purposes# including workingcapital.

or ac8uisitions o complementary businesses#technologies or other assets.

$ending such uses# they plan to in4est the netproceeds in highly li8uid# in4estment gradesecurities.


11/12

I.P.O. - FACEBOOK REPORTER: JAYNIE RAFON


12/12

banking 12 report - ipo of google and facebook

Documents