After FAANG, What Comes Next?
What 25 years since the dot com rise shows us about the future
Earlier this year marked the 25th anniversary of Netscape going public. Few noticed given how 2020 has gone. Nonetheless, it was an important date in the technology timeline. On August 9th, Netscape placed 5 million shares on NASDAQ at $28 per share. It opened at $71 and closed at $58.25 per share. The age of the Internet had arrived.
The success of Netscape created a frenzy in Silicon Valley. The following spring saw IPO’s for Yahoo and Excite. New…