Google's IPO was controversial because Google used a Dutch investment banking firm to underwrite the IPO.

Name: Google's IPO was controversial because Google used a Dutch investment banking firm to underwrite the IPO.
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Google's use of the Dutch auction process deals with the manner in which a selling range is established, marketed, and executed... NOT with the nationality of the firms involved. Any controversy was because of the issue price falling short of the anticipated initial selling range.

Google's IPO Was Controversial Because Google Used a Dutch Investment