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Netscape Navigator, Macworld (May 1995) Netscape was the first company to attempt to capitalize on the emerging World Wide Web. It was founded under the name Mosaic Communications Corporation on April 4, 1994, the brainchild of Jim Clark who had recruited Marc Andreessen as co-founder and Kleiner Perkins as investors. The first meeting between Clark and Andreessen was never truly about a ...
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The technology company Facebook, Inc., [ a] held its initial public offering (IPO) on Friday, May 18, 2012. [ 1] The IPO was one of the biggest in technology and Internet history, with a peak market capitalization of over $104 billion.
Netscape went public on Aug. 9, 1995, just over a year after its founding, and only eight months after releasing the first version of its groundbreaking Web browser. Shares were offered at $28
Marc Andreessen. Marc Lowell Andreessen (born July 9, 1971) is an American businessman and former software engineer. He is the co-author of Mosaic, the first widely used web browser with a graphical user interface; co-founder of Netscape; and co-founder and general partner of Silicon Valley venture capital firm Andreessen Horowitz.
Net2Phone: A VoIP provider founded by Howard Jonas whose stock price soared after its 1999 IPO. [36] NetBank: A direct bank, its stock price per share fluctuated between $3.50 and $83 in 1999. [37] Netscape: After a popular IPO, it was acquired by AOL in 1999 for $4.2 billion in stock.
Kleiner Perkins paid $5 million in 1994 for around 25% of Netscape and profited from Netscape's IPO. [18] Its investment of $8 million in Cerent was worth around $2 billion [59] when the optical equipment maker was sold to Cisco Systems [16] for $6.9 billion in August 1999. [60] In 1999, Kleiner Perkins [5] paid $12 million for a stake in ...
As of August 2013, AOL's largest acquisition has been the purchase of Netscape, a web browser company, for US$ 4.2 billion. Netscape's browser was dominant, in terms of market share, but it had lost most of its share to Internet Explorer during the first browser war. By the end of 2007, the usage share of Netscape's browsers had fallen from ...