November 2003 SE Updates
 by Ian Cook

November 1st, 2003
Search Engine Updates for...

Google Overture (Inktomi/Fast/AltaVista) Lycos ODP LookSmart Yahoo MSN

In this month's issue...

  • MSN Dumps LookSmart
  • Google IPO coming soon to an online auction near you?
  • New Google "Define" Feature
  • New Google Conversion Tool and Keyword Sandbox
  • Google loses trademark suit
  • Google Algorithm Update
  • Inktomi ranking tips

 


 

Google Update - http://www.google.com

What's new

Google IPO coming soon to an online auction near you?

Google finally is announcing their long-awaited IPO scheduled for sometime in 2004. We've been expecting it – but what's really interesting is the method they're discussing for the initial IPO. Instead of the standard closed IPO that is usually only available to investment banks who give away shares at a reduced price to their cronies, Google is exploring the possibility of staging an online auction to distribute their shares to the highest bidders.

Such a thing has never been done before and though analysts are predicting that Google may be worth as much as $15bn there are those who fear that their market capitalization could go as high as $100bn should a frenzy ensue amongst a public hungry for shares of this already profitable dot.com trend setter.

Related Story at the Washington Post ...

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