Netscape's Ipo
Executive Summary
Netscape Communications Corporation is often credited with launching the dot-com era and technology boom of the late 1990's and making the Internet and World Wide Web (WWW) common household terms and services. This era is coined the "Information Revolution", since the Internet and WWW was integrated into our modern culture and society during that time. In 1995, Netscape, an early leader and innovator in the Internet and WWW software and web browser market, had been going through the initial public offering (IPO) process. Specifically, on August 8, 1995, Netscape's lead IPO underwriters recommended to the Netscape board to increase the initial offering price to $28 per share from $14 per share, a 100% increase. At this new offering price, the firm's value would be $1 billion, raising many eyebrows since their 1995 revenues to date were only $16 million, the firm was only 16 months old, and they had not yet shown a profit. The question remained: what was......
View the rest of this paper...
Approximate Word Count: 3231
Approximate Pages: 13 (250 words per double-spaced page)
Why should you join Frat Files?
- - It's safe, secure, and private.
- - Instant access to over 100,000 papers. New papers are added hourly.
- - Fast and reliable customer support.
Similar Essays
-
Netscape'S Ipo
Netscape's IPO. Executive ... managers. One possible concern with Netscape's IPO
is that of underpricing. Most IPOs are generally underpriced. ... -
Netscape'S Ipo
Netscape's IPO. I. Why has Netscape been so successful to date? What appears
to be its strategy? What must be accomplished if it ... -
Netscape Ipo
Netscape IPO. ... At the time of Netscape's IPO, they had 75% of the browser market and
the other 25% present was made up of all the other competitors. ... -
Should Netscape Go Public To Satisfy Capital Needs
... Should an investor pay $28.00 / share for the Netscape IPO? The IPO Price
of Netscape increased from $14.00 / share to $28.00 / share ... -
Export Management - Strategy
... The book discusses the following ten great flatteners: the fall of the Berlin Wall,
Netscape IPO, workflow software, open-sourcing, outsourcing, offshoring ...
Frat Files
Members
Information
