The Biggest Internet IPO Since 2000


Fremont: 2012 is waiting to witness one of the biggest Internet IPO’s in the history. Facebook is on its way to the trading floor and has become one of the most anticipated IPO deals. The IPO may value the company at as much as $100 billion. They are also planning to increase its $2.5 billion credit line to help cover a major tax hit.

However, several internet companies have created history by being one of the biggest IPO in their industry during their times. Below mentioned are few such companies who created a chapter in the book of Internet IPO History.

Google

biggest internet IPO, GoogleGoogle began in 1996 as a research project by Larry Page and Sergey Brin when they both were PhD students at Stanford University. The company was named as “BackRub”. But, later they changed the name to Google, originating from a misspelling of the word ‘googol’.

Google’s IPO took place in 2004. With a deal size of $1.666 million, the company was valued at $23 billion. The offering price per share was $85 and the numbers of shares offered were 19.6 million. The majority of the shares remained under the control of Google thus making many employees instant paper millionaire.