Transactions
Jul. 24, 2001
Wilson Sonsini: GOTO RAISES $142 MILLION IN ITS SECONDARY OFFERING
Pasadena's GoTo.com Inc. has raised $142 million in a secondary stock offering. The company sold 3,162,500 and stockholder idealab!, the Pasadena-based Internet incubator that gave birth to the dot-com, sold 5,462,500 of the 8,625,000 shares of GoTo common stock.
GoTo is an Internet-advertising placement-and-search-service company. Advertisers bid for placement in its search res...
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