It has been revealed in a regulatory filing that co-founders Larry Page and Sergey Brin will sell of some of their company stock. This sell off will result in Brin and Page not having the combined majority vote. 5 million shares will be sold off, which at today’s share price ($550.01) is valued at $2.79 billion.
This sell off will of course provide Brin and Page with a lot more flexibility with their money. However, they can now get outvoted in the boardroom.
I admire the boys at Google for controlling their development so well at present and this is a very nice addition to the Google Team. Up until today I was unaware that Google even had their own plane and now it turns out that they are trying to do a deal with NASA.
Air Google would like to lease hangar space at the Moffett Field near Mountain View. Valleywag first confirmed that the Boeing 767 owned by Google’s co-founders has used the NASA airport. The field is normally closed to private aircraft, but this suggests that NASA has awarded Larry Page and Sergey Brin partial landing rights. I just have to sit back and wonder what is next for the jug-o-naught. Will they buy their own Space Shuttle?
