Jennifer Laycock

Jennifer Laycock

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While most IPOs are accompanied by a 180 day lock-up period to keep insiders from selling all of their shares immediately after a float, Google has opted for a multi-lock date that will see shares being released more often, but in smaller quantities.

A total of 4.6 million shares are expected to be released for sale today, a small portion of the 270 million shares waiting to be released. With shares now trading at around $100 a piece, it's expected that venture capital companies that invested in Google will now dump their shares. Sequoia Capital and Kleiner, Perkins, Caulfield & Byers held on to their shares during the initial sale when they would have netted only $85 per share.




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About the Author

Jennifer Laycock is the Editor of Search Engine Guide, an educational web site aimed at translating the search marketing world into something that small business owners can understand. Jennifer specializes in common sense search engine marketing, viral marketing and customer outreach via social media and blogs. A former search marketing consultant and in-house trainer, Jennifer’s clients have included companies like Verizon, American Greetings and Highlights for Children. Her primary clients now are a little girl named Elnora and a little boy named Emmitt.

Jennifer Laycock is the Editor of Search Engine Guide, an educational web site aimed at translating the search marketing world into something that small business owners can understand. Jennifer specializes in common sense search engine marketing, viral marketing and customer outreach via social media and blogs. A former search marketing consultant and in-house trainer, Jennifer’s clients have included companies like Verizon, American Greetings and Highlights for Children. Her primary clients now are a little girl named Elnora and a little boy named Emmitt.