Thursday, September 15, 2005

Gotta love those Google guys

Finally, Google (GOOG: sentiment, chart, options) has set a price of $295 for its new offering of 14,159,265 shares. This rather strange number was chosen because it includes the first eight decimal places of pi (3.14159265), the ratio of the circumference of a circle to its diameter. GOOG is famed for its PhD employees and the firm has drawn for inspiration on mathematics in the past. A Googol is the number 1 followed by 100 zeros, and GOOG's very name reminds us of the vast amount of material on the Internet.

1 Comments:

Blogger Deep Hal said...

Duh! :-/ .. Now I see it ... they left the
>> 3 << off. I was thinking they had done some clever math involving a formula or something ....

2:15 AM

 

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