Google founders to sell shares, give up majority control

25 Jan 2010

While it's more standard for publicly-traded company founders than startling, Google just put out an SEC filing that its co-founders Larry Page and Sergey Brin will soon start selling off some of their Google holdings. In the next five years they'll sell approximately 10 million shares, which amount to approximately 17 percent of their holdings. This would drop the pair from 59 to 48 percent, r

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Sharon Hill

Sharon Hill has been a senior writer / analyst with the AIM Group since 2004, except for a two-year time-out to serve as sales and marketing manager for Suburban Newspapers of America. She worked at newspapers in California, the Carolinas and Indiana as a classified advertising sales supervisor and manager, and in newspaper circulation in Alaska. At the SNA, she was responsible for bringing in new members; lining up exhibitors, and helping develop programs for the classified conference and the classified alliance. She is also co-author of “Implementing and Managing Telework: A Guide for those who make it Happen” (Praeger Press) and a prolific blogger and social media user. She is based in Phoenix.