Netscape IPO
E1012351
The Netscape IPO was the landmark 1995 initial public offering of Netscape Communications that ignited the dot-com boom and symbolized the dawn of the commercial internet era.
Observed surface forms (1)
| Surface form | Occurrences |
|---|---|
| Netscape initial public offering | 1 |
Statements (45)
| Predicate | Object |
|---|---|
| instanceOf |
financial event
ⓘ
historical event ⓘ initial public offering ⓘ |
| companyAgeAtIPO | about 16 months ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| exchange | NASDAQ NERFINISHED ⓘ |
| firstDayClosingPricePerShare | 58.25 USD GENERATED ⓘ |
| firstTradePricePerShare | 71 USD GENERATED ⓘ |
| grossProceeds | approximately 140,000,000 USD ⓘ |
| historicalSignificance |
milestone in late-20th-century financial markets
ⓘ
turning point in technology sector financing ⓘ |
| impact |
encouraged venture capital investment in internet startups
ⓘ
helped legitimize the internet as a commercial platform ⓘ influenced valuation of subsequent internet IPOs ⓘ |
| industry |
internet software
ⓘ
web browser software ⓘ |
| initialPriceRangePerShare | 12 USD to 14 USD ⓘ |
| isConsidered |
catalyst of the dot-com bubble
ⓘ
landmark IPO ⓘ |
| issuer | Netscape Communications Corporation NERFINISHED ⓘ |
| keyPerson |
James Barksdale
NERFINISHED
ⓘ
Jim Clark NERFINISHED ⓘ Marc Andreessen NERFINISHED ⓘ |
| mediaCoverage | extensive financial press coverage ⓘ |
| notableFeature |
company was not yet profitable
ⓘ
valuation based largely on future internet growth expectations ⓘ |
| offeredSecurityType | common stock ⓘ |
| offeringPricePerShare | 28 USD ⓘ |
| percentageGainFirstDay | over 100 percent ⓘ |
| precededBy | founding of Netscape Communications in 1994 ⓘ |
| relatedTo |
Silicon Valley technology boom
NERFINISHED
ⓘ
commercialization of the World Wide Web ⓘ dot-com bubble ⓘ |
| revisedPriceRangePerShare | 21 USD to 24 USD ⓘ |
| sharesOffered | 5,000,000 ⓘ |
| symbolized |
beginning of the dot-com boom
ⓘ
dawn of the commercial internet era ⓘ |
| tickerSymbolAtIPO | NSCP NERFINISHED ⓘ |
| tookPlaceAt | NASDAQ NERFINISHED ⓘ |
| tookPlaceIn | United States NERFINISHED ⓘ |
| tookPlaceOn | 1995-08-09 ⓘ |
| triggered | increased investor interest in internet companies ⓘ |
| underwriter |
Hambrecht & Quist
NERFINISHED
ⓘ
Morgan Stanley NERFINISHED ⓘ |
| valuationAtIPO | around 2,000,000,000 USD ⓘ |
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.
Netscape Time: The Making of the Billion-Dollar Start-Up That Took on Microsoft
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aboutEvent
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Netscape IPO
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this entity surface form:
Netscape initial public offering