Saturday, May 01, 2004

By the Numbers: Google IPO Filing Tells Story of '03

By the Numbers: Google IPO Filing Tells Story of '03: The first quarter of '04 is positively eye-popping: $390 million in revenue, $64 million in net income. This is a company on track to do $1.8 billion in business in 2004 only six years after launching.

Partner Pay Intrudes on Google Fantasy: "The folks at Google would have you believe that they've modeled their company on the principles of Warren Buffett.
But investor beware: The more appropriate comparison is Willy Wonka"

Gmail accounts go up for bid | CNET News.com: "Google, which last month announced it was testing a new e-mail system, invited 1,000 people to join the trial. Gmail offers 1 gigabyte of storage and includes a news aggregation page and newsgroup interface, and allows users to search through their e-mail. The service has generated excitement, but not as much as Google's upcoming IPO...

Beta testers invited by Google to take part in its new free e-mail service also received invitations to give to another person, but many are being auctioned on eBay, so far fetching bids as high as $61.

"Gmail is still in beta testing, so Google is strictly limiting how many people are using the service at this time," wrote one seller, who has five days left on the auction and six interested bidders. "This is an opportunity to get in 'on the ground floor' with this interesting new e-mail service."

Currently, 42 testers have listed their invitations on eBay, with one offering to sell an additional invitation outright--for a mere $199. "

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