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| WebProNews > News > eBusiness News > How To Make $128 Million From Google In 30 Days | |||||||||||
It sounds unbelievable, but it's true! An executive search firm sold Google shares they bought less than 30 days ago for an amazing $128.8 million profit. Heidrick & Struggles International announced it has exercised the warrants it held in Google, Inc. -- and monetized the resulting shares -- for net proceeds of $128.8 million. 55 percent of the net proceeds is payable to the consultants involved with the search. The firm obtained warrants to purchase approximately 1.2 million shares of Class B common stock of Google at a price of $0.30 per share, which it received in 2001 in connection with recruitment fees. I hope the people Google hired worked out! I'm interested in your comments. I have posted a forum post allowing you to comment at the link below: http://www.webproworld.com/viewtopic.php?t=28615 View All Articles by WebProNews About the Author: |
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