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Aug 7, 2015 · Quite simply, Netscape’s IPO was the event that signaled to Silicon Valley, to Sand Hill Road, to Wall Street, to Madison Avenue and to Main Street that something utterly new and transformative was on the scene. And the revolution that Netscape kicked off hasn’t stopped even 20 years later.
Aug 9, 2015 · It was 20 years ago today that Netscape went public, setting off what we now know as the first dot-com boom. On the day of its IPO, investors’ appetite for Netscape was insatiable. So great was...
- Alice Truong
Oct 9, 2023 · At its peak, Netscape was a high-flying tech company with substantial revenue. In 1995, the year after its founding, Netscape went public with an initial public offering (IPO) that raised $140 million. By 1996, the company’s revenue had soared to $346 million.
Aug 9, 2016 · By summer 1995, Navigator commanded more than 70 percent of the emergent browser market. The company had yet to turn a profit, but on August 9, 1995, Netscape put 5 million shares of its stock for sale on NASDAQ, priced at $28 per share.
On August 9, 1995, Netscape made an extremely successful IPO, only sixteen months after the company was formed. The stock was set to be offered at US$14 per share, but a last-minute decision doubled the initial offering to US$28 per share.
Aug 8, 2014 · By conventional measures, Netscape hardly seemed a likely candidate for a robust IPO. The company was just 16-months-old and hadn’t turned a profit; indeed, its losses in the first two quarters of 1995 topped $4 million, and further losses were forecast.
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Aug 9, 2015 · Netscape’s revenue soared from $85 million in 1995 to $346 million in 1996, and then to $534 million the next year. But the stock never surpassed its December 1995 peak of $171 a share.
