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Former exec discusses post-IPO Google, says going public changes a company for the worse

September 13th, 2013 at 8:00 PM
Google IPO Effects

Going public is a big deal. In the wake of Twitter’s recent announcement that it will be filing for an IPO, former Google employee Hunter Walk has taken to LinkedIn to reflect on the experience of the search company going public back in August 2004. He arrived at the company less than a year before it filed its own S-1, and recounted some of the changes that came along with going public.

Before the IPO, Google was very open internally with its data. Afterwards, internal data became much harder to access and any request to get a hold of potentially sensitive information would take time. An IPO also opens up a new path to acquisitions, although Walk points out that a publicly traded company attracts a different kind of employee: “careerists.” Walk also saw many departures shortly after the IPO, and expects Twitter will see a similar flight.

At the end of the day though, after the dust had settled Walk and his colleagues “all went back to work,” and Twitter’s employees will end up doing the same.

Jacob started covering video games and technology in college as a hobby, but it quickly became clear to him that this was what he wanted to do for a living. He currently resides in New York writing for BGR. His previously published work can be found on TechHive, VentureBeat and Game Rant.




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