“I arrived at Google in late 2003, prior to our S-1 being filed in April 2004. There was already lots of internal and external speculation about our trajectory but until the document went public, no one understood just how powerful a business model the company had created. During my interview process Google HR was very secretive about the value of my equity. In fact they told me only the number of shares I had been granted. Without knowing the number of shares outstanding or the enterprise value of the company, a grant total was totally useless but they essentially said ‘trust us.’ What changed once we went public and how might these same shifts impact Twitter?”
http://www.businessinsider.com/heres-what-happened-when-google-went-public-2013-9
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