How To Make $128 Million From Google In 30 Days

[mike]

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!

[oceanmajk]

Wow! How do we get ahold of some Class B stocks? :-)

[merchant34]

Man, And I thought I made alot of money with adsense???hahaha
Anyway, good for them. Get all the money you can fellas- Have a geat day!

[kallahar]

Just to clarify though, it took three years to make the money, it just didn't vest until 30 days after the IPO.

Not that a $128 million bonus after three years isn't nice :)

[merchant34]

What an incrediable amount of money.I think If I were them, I would corner the market on this thing. B**uy up all the search engines they could find. in and economics point of veiw this would be viable if they were after, say a mon))))oplol*y.
I might just look into creating my own search engine.
Any starting points...=)