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It just occurred to me that Google going pub­lic opens up the pos­si­bil­ity that some­one with a lot of cash (like Microsoft) is now in a bet­ter posi­tion to acquire them. The finan­cial report­ing rules for a pri­vate com­pany are much dif­fer­ent than for a pub­lic one. That knowl­edge can help a poten­tial pur­chaser size their offer. If they can do that and also con­vince the share­hold­ers it’s a good idea, there’s lit­tle the founders can do to stop it (look back to the HP pur­chase of Com­paq for reference).

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