Netscape
GUI Mosaic browser by Mark Andreessen et al. (NCSA)
James Clark and Andreessen found Netscape in Dec. 1994, go public in August 1995
Value of Netscape after day 1: $4.4 billion on revenues of $16 million/quarter and no profits
Comparison: Microsoft went publicin 1986 and was worth $0.5 billion initially
Feb. 1999: AOL buysNetscape for $4.1 billion