• Google's cofounders feared they would lose control if their company went public. Warren Buffett solved their problem

    9 days ago - By Business Insider

    Warren Buffett. AP Images
    Google's cofounders only agreed to take their company public after they met Warren Buffett.
    Buffett told Larry Page and Sergey Brin they could stay in control by issuing two classes of shares.
    Brin and Page later modeled Google's parent company, Alphabet, on Buffett's Berkshire Hathaway.
    Alphabet , Google's parent company, ranks among the world's most valuable companies with a $2 trillion market capitalization. Its cofounders, Sergey Brin and Larry Page, might have kept their business private if not for a chance meeting with Warren Buffett. "As one investor told...
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