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Chapter 370 - 359: See You on the Internet
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... ed at 49 US Dollars, which was 3.5 times the issue price and double the opening price!
Similarly, on the first day of its listing, Netscape’s market capitalization soared straight from an IPO valuation of 1.8 billion US Dollars to 63 billion US Dollars.
It broke all Wall Street records for stock offerings, including that of Bit Company four years earlier.
This company, established for two years and truly profitable for less than one, created dozens of millionaires overnig ...
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