Online Google IPO to Use 'I'm Feeling Lucky' Button
by Scott Ott
(2003-10-24) -- Google, the Internet search company which plans to conduct its initial public offering (IPO) of stock as an online auction, says it will use its trademark 'I'm Feeling Lucky' button to lure investors who love Internet stocks.
"The problem with Google is that we're already profitable," said an unnamed company spokesman. "We were afraid many Internet investors would sit this one out. I mean these are people who liked to bet on things like Webvan.com and Pets.com. A strong balance sheet discourages many of them. It sounds boring. The 'I'm Feeling Lucky' button will restore the thrill of risk for these people."
During the IPO, investors can simply type 'IPO' in the search box, hit the 'I'm Feeling Lucky' button, and a complicated algorithm will determine their identity and the available balance in their PayPal account, then it will automatically execute the purchase.
"Some will get five shares, others 5,000," the spokesman said. "If you get stuck with too much, take it to eBay."
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