Today I Learned (TIL)

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You learn something new every day; what did you learn today? Submit interesting and specific facts about something that you just found out here.

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TIL Google’s 2004 IPO used a Dutch auction, where investors bid the highest price they’re willing to pay, and everyone gets shares at the lowest price that clears all available stock (the market-c... (hbr.org)

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The original post: /r/todayilearned by /u/Olshansk on 2025-02-12 17:48:05.

Original Title: TIL Google’s 2004 IPO used a Dutch auction, where investors bid the highest price they’re willing to pay, and everyone gets shares at the lowest price that clears all available stock (the market-clearing price).

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