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Companies That Had Their IPO in 2004: A Look Back


In the fast-paced world of finance, few events are as eagerly anticipated as Initial Public Offerings (IPOs). These moments mark the transition of a company from privately held to publicly traded, often accompanied by a surge of interest from investors and the general public alike. In the year 2004, Companies That Had Their IPO in 2004, several notable companies embarked on this exciting journey. Let’s take a closer look at these companies, their stories, and the impact their IPOs had on the business world.


The year 2004 was marked by economic optimism, and the stock market was showing signs of recovery after the dot-com bubble burst. This upbeat atmosphere provided the perfect backdrop for a slew of companies to go public. Here’s a detailed exploration of some of these firms:

1. Google Inc. (Alphabet Inc. today)

In 2004, Google, the search engine giant, made its debut on the stock market. Its IPO was highly anticipated, and it raised over $1.6 billion. The company’s founders, Larry Page and Sergey Brin, decided to go public to secure the company’s future and fund further growth. Today, Alphabet Inc., Google’s parent company, is one of the most valuable tech conglomerates globally.

2. Salesforce.com

Salesforce.com, a pioneer in cloud-based customer relationship management (CRM) software, also went public in 2004. The IPO helped the company raise $110 million and allowed it to expand its product offerings. Salesforce.com played a pivotal role in shaping the software-as-a-service (SaaS) industry and is now a market leader.

3. Baidu Inc.

2004 was a significant year for the Chinese tech scene, as Baidu, often referred to as China’s Google, had its IPO. The company raised around $109 million during its debut. Over the years, Baidu has grown to become a dominant force in the Chinese internet industry, offering services like search, maps, and autonomous driving technology.

4. Morningstar, Inc.

Morningstar, a renowned provider of investment research and data, went public in 2004. This IPO allowed the company to expand its reach and further establish itself as a trusted source of financial information for investors worldwide.

5. Red Hat, Inc.

Red Hat, a leader in open-source software solutions, also joined the public markets in 2004. The company’s IPO raised approximately $84 million, helping it accelerate the development and adoption of open-source technologies in the corporate world.

Impact on the Business World

The IPOs of these companies in 2004 had a profound impact on the business world. They not only raised significant capital but also brought attention to innovative industries and paved the way for further advancements. The technology sector, in particular, benefited greatly from these IPOs, as they showcased the potential for growth and innovation in the field.


In retrospect, the year 2004 was a remarkable period for IPOs, with companies like Google, Salesforce.com, Baidu, Morningstar, and Red Hat making their mark on the stock market. These companies have continued to evolve and innovate, leaving a lasting impact on their respective industries. Their journeys from IPOs to where they stand today serve as inspiring stories of success and resilience.


  1. What is an IPO? An IPO, or Initial Public Offering, is the process by which a private company becomes publicly traded by selling its shares to the general public.
  2. Why do companies go public? Companies go public to raise capital, expand their business, and provide liquidity to existing shareholders.
  3. What is the significance of the year 2004 for IPOs? 2004 was a notable year for IPOs as it witnessed the debut of several influential companies, particularly in the tech and finance sectors.
  4. How does an IPO impact a company’s growth? An IPO can provide a company with the capital needed to invest in expansion, research, and development, accelerating its growth potential.
  5. Where can I find more information about these companies and their IPOs? You can explore these companies’ official websites, financial news outlets, and stock market databases for in-depth information about their IPOs and subsequent developments.

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