To follow up on Rich Muny's posting regarding Google's potential for an IPO in Fortune, an interesting point is raised by Mr. Vogelstein in regards to SEC requirements of non public corporations. He states:
".... Barring any last minute exception, by April 30 the company will be required to start publishing its financials - an SEC rule for firms with as many shareholders or option holders as Google has."
It would appear that Google, having to reveal its finances to the public (and competitors), will not only go public, but attempt to raise capital that will increase Google executives' personal wealth. This suggests that Google employees may have been heavily compensated for services with options - common to the tech industry.
".... Barring any last minute exception, by April 30 the company will be required to start publishing its financials - an SEC rule for firms with as many shareholders or option holders as Google has."
It would appear that Google, having to reveal its finances to the public (and competitors), will not only go public, but attempt to raise capital that will increase Google executives' personal wealth. This suggests that Google employees may have been heavily compensated for services with options - common to the tech industry.
