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Google's 98% Discount

By: Nathan Weinberg
2006-04-24

BuyGoogle writes about how, when Google did its $2 billion third public offering, it got Goldman Sachs to underwrite it.

Link: BuyGoogle

Now, Goldman normally charges a fee of 2.65%, which turns into about $55.6 million. But Google leveraged its, well, being Google into a slightly lower fee. How much lower? $1 million. Yup, a 98% discount. Not bad.

Any way I can get that sort of discount on my pizza?

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About the Author:
Nathan Weinberg writes the popular InsideGoogle blog, offering the latest news and insights about Google and search engines.

Visit the InsideGoogle blog.




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