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IT industry the recovery circuit diagram
PAGE \* MERGEFORMAT 19
IT industry the recovery circuit diagram
This is a conference on Web search engine, spacious sitting room of 300 listeners. The venue is very quiet, from the people’s demeanor in a clear in the face of what people know that they - the center of light, but also attracted the attention of the people’s Department, stood a handsome young man. People not stop to ask him questions, one question is: ‘You will buy Microsoft? ‘
This young man has a name of an ordinary Russian, Sergey Brin (Sergey Brin), also has a great identity with: the Internet Age, one of the greatest inventions of the co-founder of google.
For this barely 30-year-old technology geeks, the successful applicants have come too easy. He and Stanford University students Larry Page (Larry Page) is designed in order to complete graduate work in google, it quickly surpassed Yahoo to become the first brand new search engine, but also become a network of religion - if this argument established, it may be history’s fastest-growing income of the most lucrative of ‘religion’: Over the past 18 months, google has already doubled the size of the company four times the annual income was six times before, has reached 900 million U.S. dollars. The rapid increase of its pre-tax profits by 23% to 300 million 50 million U.S. dollars.
Do not forget, google just turned 5 years old, but do not forget: it’s ‘weaning’ is the most over the past two decades, the global economic downturn phase. It is the first venture capital firm Venture One statistics, in 2000 before the 9 months of technology companies listed on 184, while in 2003, before the 9 months, only eight companies have enough good luck.
But for google, this is not any obstruction. No later than April 2004, it will complete its initial public offering (IPO). Bankers to its market capitalization is estimated at 20 billion U.S. dollars, that is, to sell 10% of the shares listed on the same day that it could raise as much as two billion U.S.
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