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08.03.05
What’s In A Google Stock Offering
 By John Stith
Right now, the tech and business world are all speculating about what's in the
future for Google with them getting the huge quantities of funding they're going
to receive from this new stock offering they're planning.
Something a couple of news sources have picked up on is how Google arrived at
the number of shares being offered. Most companies would have offered a nice round
number, but not Google. In a show that the company really is run by a bunch of
computer geeks, the number of stocks being sold in this offering is based on the
eight digits after the decimal point in the number for pi, which is 14,159,265.
If this were math class, then we'd put a 3 and a decimal point in front of the
digits.
This isn't the first time the Google geeks…er… Googlers have done something like
this. In their IPO, Google said they wanted to raise as much as $2,718,281,828.
This amount was drawn from the constant E, an important concept in mathematics
for things like E=MC squared.
The event is important to the business world and this certainly keeps analysts
guessing about Google's strategy and how they come up with their numbers. I'm
holding out on the next one being based on Fermat's
theorem. Of course, the proof for that is probably floating somewhere in Google's
search engine anyway.
About the Author:
John Stith is a staff writer for WebProNews covering technology and business. |
