Periwinkle is a Frost Fairy who lives in the Winter Woods. She learns that Tinker Bell is her sister when their wings both glow. She is curious and loves to go on adventures.
â Eric Jackson (@ericjackson) August 19, 2014. As we now know, investing in Google in 2004 wasn't such a bad idea in the longterm. Google now generates more than $50 billion a year in revenue and it now has a market cap of about $400 billion, making it one of the most valuable public companies in the world.
Under the agreements, Google issued AOL a warrant for the right to purchase shares of Google's series D preferred stock to induce AOL to select Google as its search provider. At the time of issuance, Google was a privately held company. In May 2004, AOL exercised the warrant at a cost of $21.6 million.Upon Google's IPO in August 2004, the series D preferred stock was converted into Google common stock. Later that month AOL sold 2.35 million common shares for $195 million.During 2005, AOL sold the remaining 5 million shares for $940 million.n May 2004, AOL exercised the warrant at a cost of $21.6 million. Upon Google's IPO in August 2004, the series D preferred stock was converted into Google common stock. Later that month AOL sold 2.35 million common shares for $195 million.