Google IPO site goes live

[rawstory]

As seen on The Raw Story, http://rawstory.com

By Troy Wolverton
TheStreet.com Staff Reporter
7/30/2004 7:51 PM EDT

Investors interested in getting a piece of Google got a step closer on Friday.

The leading Internet search engine quietly launched a page on its Web site on which investors can register to participate in its initial public offering. Investors can't place bids through the site itself; instead, once they get a bidder ID through the site, they have to contact a broker in order to bid in the auction.

Google is going public through an unusual Dutch auction process. In such a process, investors are asked to bid on the offering before the price is set. Unlike a typical IPO, Google's offering is open to a "broad range" investors.

A company representative declined to say whether bidding has already begun in Google's IPO, which is expected to be finalized sometime next month.

http://www.thestreet.com/tech/internet/10175633.html

https://www.ipo.google.com/