The word on the street is that Google will IPO at a valuation of $15-25 billion. To put that in perspective, the other “Big 3” of the Internet, Yahoo!, eBay, and Amazon, all have valuations between $20 and 35 billion.
As I’ve admitted in the past, I scoffed at Google when the news of its $25 million first round came out. I guess the laugh’s on me. The worst part about a Google IPO is that it means that another friend, employee #1 at Google, will soon be fabulously wealthy, reminding my wife that I still haven’t made us rich beyond our wildest dreams. Sigh.