Google's novel stock split will create a new class of shares with no voting rights. Confused? Google CEO Larry Page thought you might be, so he offered an explanatory note. Here's our read-between-the-lines translation of what he was really saying.
On a split-adjusted basis, Apple went public at $2.75 a share 31 years ago; the stock closed at $378.25 yesterday. Investors lucky enough to hold for the entire period have enjoyed a 17% annualized return. Find a founder capable of delivering on a similar scale and you'll have a much easier time funding your retirement.
Google co-founder Sergey Brin has emerged as the key force behind the search giant's decision to close its China-based search engine, citing his experience growing up in the Soviet Union. Google may suffer in the long run, but in this case, Brin has put principle above profit.