The two students that founded Google and made it an Internet Giant had announced that they are about to sell 10 million stocks at the value of 5.5 billion dollars.
Sergey Brin and Larry Page, the two students that founded Google, are starting to think about their own future. They have announces yesterday that they will offer for sell 10 million stocks that they own. The selling will be preformed over a period of 5 years; it will assume the complete control from their hands when they will be left with only 48% of Google’s control stocks.
Thinking About Their Personal Future.
The Founders of Google possess today about 58 million Google’s stocks which were yesterday traded at the value of 548 dollar per stock. According to the company’s announcement they plan to realize some of their holding as part of a long term strategy to spread their personal investments. After the sale Page and Brin will still continue to hold a major part of Google’s stocks and control.
Today Page acts as Google’s president of products and Brin as president of technology. According to the current value of Google’s stock each one of them will earn around 2.75 billion dollars from the sale.
Ailon.
The CEO Game.
