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This Day In Market History: The First Internet Software IPO
Tuesday, June 28, 2022 - 11:40am | 265Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened?: On this day in 1995, Spyglass, Inc. became the first-ever publicly traded internet software company. Where The Market Was: The Dow closed at 4,556.79. The S&P 500 traded at around...
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This Day In Market History: The Netscape IPO
Monday, August 9, 2021 - 9:09am | 303Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 1995, Netscape went public at $28 per share. Where The Market Was: The Dow Jones Industrial Average closed at 4,671.49 and the S&P 500 traded at 559.71. What...
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Is Facebook a Modern Day Netscape?
Wednesday, August 22, 2012 - 11:18am | 727Netscape Navigator. It experienced massive growth practically overnight, became a staple of nearly every Internet user, and at its height, it had a market share well over 90 percent. Marc Andreessen's browser was revolutionary. It defined the idea of a cross-platform, consistent internet browser...
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Marc Andreessen: Sarbanes–Oxley Killing Tech IPOs
Friday, March 2, 2012 - 10:20am | 386Marc Andreessen believes too much regulation is stifling innovation. Appearing on CNBC's SquawkBox earlier this morning, Andreessen told CNBC that The Sarbanes Oxley Act is “effectively killing tech IPOs.” By imposing inordinate liabilities and resource allocation on public companies, he said the...
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Marc Andreessen Talks RockMelt, Public vs. Private, And More With CNBC
Wednesday, November 10, 2010 - 3:43pm | 206Marc Andreessen, co-founder of the venture capital firm Andreessen Horowitz, was on CNBC today speaking about the invention of RockMelt, the growth of tech companies, and whether they should stay private or go public. “Many of the best new tech companies are staying private longer,” he said, adding...