Google files for initial public offering

Google filed with the SEC today for an initial public offering. Some quotes from the Letter from the Founders, apparently written by Larry Page: “Google is not a conventional company. We do not intend to become one.” “We encourage our employees, in addition to their regular projects, to spend 20% of their time working on what they think will most benefit Google.” “As a public company, we believe a dual class voting structure will enable us to retain many of the positive aspects of being private.” “We provide many unusual benefits for our employees, including meals free of charge, doctors and washing machines. We are careful to consider the long term advantages to the company of these benefits. Expect us to add benefits rather than pare them down over time. We believe it is easy to be penny wise and pound foolish with respect to benefits that can save employees considerable time and improve their health and productivity.”
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