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The company also developed SSL which was used for securing online communications before its successor TLS took over. [5] Netscape stock traded from 1995 until 1999 when the company was acquired by AOL in a pooling-of-interests transaction ultimately worth US$10 billion.
- Ghost Valley
- Accidental Trendsetters
- Trailblazer
- Limitless Potential
When Marc Andreessen first got to Silicon Valley in early 1994, it felt to him like the place was kind of dead. “Everyone seemed rather morose, kind of looking at each other and asking why nothing exciting seemed to be happening in the Valley anymore,” Andreessen would later say. Indeed, the Valley was ready for a generational turnover. The 70s and...
Engineering has always been a pursuit that lends itself to intense bouts of work, of long bursts of productivity where you come up for air and realize you’ve been coding for days straight. But that wasn’t necessarily the culture of the Valley before the Internet. The Valley of the Hewlett-Packard era was closer to a mid-20th-century collared-shirts...
It’s funny now to think that Netscape Navigator could be considered a monster success because it could count its audience adoption in the tens of millions. But that’s because we live in a world of hundreds of millions of iOS users and billions of Facebook users. In 1994-95, the online population of the entire planetcould be measured in the tens of ...
The bottom line was, no one knew how big this Internet thing could be. Netscape showed that it could be very big indeed, but the sky was probably not even the limit. Anything you could think up could be virtually created on the net. Anything, and any market that might exist in the real world, could be duplicated on, and possibly disrupted by, the I...
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.
- Alice Truong
Aug 7, 2020 · Even though Netscape had yet to turn a profit, the company 25 years ago on August 9 placed 5 million shares of its stock for sale on NASDAQ, priced at $28 per share. For nearly two hours that morning, an order imbalance kept the company’s shares from being traded: Demand was that strong.
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.
Aug 9, 2011 · 1995: Netscape Communications stages a successful initial public offering, making it one of the first companies to capitalize on the growing World Wide Web. The company, whose premium product...
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Aug 9, 2016 · 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. For nearly two hours that morning, an order imbalance kept the company’s shares from being traded: Demand was that strong.
