GooGle Stock Goes from $110 to $500 in 3 years

This week it has been about 3 years to the day that GooGle was released on the stock market. If you remember it was hugely reported that GooGle had quite possible produced the largest amount of overnight millionaires ever. The reason this happened was because GooGle had given its starting employees stock in the company instead of paying them ridiculous amounts of money. This has paid off for them hugely with employees that are loyal and innovative.
If you didn’t know they even hired the lady who rented out her garage to them to get them started up with a premises.
Now when GooGle relased it’s stock it had to do it in a different way than every other tech company releasing its IPO (initial public offering), the did a reverse bid auction type thing. Im not too sure how it worked out, but instead of releasing their stock at a price of $90 and flooding the market with stocks, they had potential buyers bid for the stock.
I believe the inital price that it was released at was $110, at the time of this post today GooGle is worth $486 a share. It’s 52 week high was $558.
The pace at which GooGle has moved is amazing, and the great thing is they have never stopped, they are always pushing the envelopes with new ideas and innovating older ones. Their adsense program is hugely robust, it started out with just text ads, and today we have image, video, and even CPA ads with Google.