All language subtitles for Valley.of.The.Boom.S01E01.1080p.WEB.H264-METCON_track3_eng

I guess I was
doing that little tease.

That little mark with the "a"
and then the ring around it.

-At.

See,
that's what I said.

Katie said she
thought it was about.

Yeah.

-Oh.

But I've
never heard it said.

Or around.

I've seen the mark
but never heard it said.

And then it sounded stupid
when I said it @NBC.

What is Internet anyway?

Massive
computer network.

What do you,
write to it like mail?

Allison, can you
explain what Internet is?

The Internet back
in '94 was cans with a string.

Nobody knew what the
web was, and there very,
very incarnations of

something called browsers.

They still
really have zero concept
of what Netscape is.

They don't even
know what the Internet is.

They
don't even know the
Internet is the Internet.

Most people had not
really used the Internet, the
vast majority of people hadn't

used the
Internet before the
Netscape Navigator was

introduced because you couldn't.

It was too damn hard.

"It's a web browser."

And I'm like, "What's,
what's a web browser, dude?

Like, what is that?"

"This is the way that you can
visually see everything that
we already do on the net."

When the
Netscape browser was invented,

it changed the whole
experience of being online.

Let's open
this sucker up,
see what she can do!

Netscape made
it possible to really explore
incredible parts of the online

universe that we didn't
even know existed before.

We want to
bring people together.

Build a digital community
through shared interests from
people all over the globe.

An international
social network of users
who can connect solely

through their computers.

We want
to change the world.

We wanna
change the world.

I'm sure TheGlobe

founders would
like a dollar for every
time somebody asks them,

so you were
like Facebook before
there was Facebook?

In the
beginning, we were
talking about names like

TheGlobeand
TheWorldand things that

implied a global community.

I
remember having a flash
in what cyber could be.

This is a new world.

This is day one of an
entirely new world.

That you could create a
location that people could
go to and have an experience

in a virtual space.

Could you
conceivably do this live?

Like a live TV broadcast.

Well, yeah, that's
the idea, eventually.

This is it!
This is what I've been
seeing in my vision.

Hi. I'm Michael Fenne.

What Pixelon was
claiming they could do,
is deliver TV to your PC.

The entire engine
that was driving the Pixelon
train was Michael Fenne.

A golden tongue salesman,
who had a vision.

Michael Fenne
was an unlikely mastermind
selling something that we

now take
completely for granted.

-Yeah!

I got a chance
to meet Michael Fenne.

And almost immediately
there just, something
didn't seem right here.

The Internet felt
more like the Wild West where
you were going beyond the

frontier that people knew.

It was amazing,
and you just watched this
crazy circus take place.

.

Yeah, so
Silicon Valley was
originally known as the

Valley of the Heart's Delight.

And it was this incredibly
beautiful place.

With orchards just as
far as the eye could see.

People would talk about it
in this sort of Edenic way.

It felt to people
like paradise.

Silicon
Valley was about San Jose
and peach orchards being

turned into buildings for
semiconductors and disk drives.

And some emerging
thing called software.

From the '40s
to the '80s, the orchards
were being replaced by

one tech after another.

Apple, Atari,
Genentech, Intel.

But nothing ever
compared to what
happened in the '90s,

when the Internet hit.

The Internet.
The Internet.

The Internet.
The Internet.

The Internet.
The Internet.

On the Internet.
The Internet.

The
Netscape browser
certainly played a big part

in opening up the Internet.

Molly, you feeling better,
darling?

The ability to sell product
on the network, to be
entertained by the network,

the ability to communicate
with other people.

All of those things were sort
of unheard of before 1994.

The browser
was definitely a neat
and super-unique thing.

It-it was basically the
best way to use the Net.

It made it
possible to really explore.

Um, incredible parts of the
online universe that we didn't
even know existed before.

It should be so
simple, but it's just
not doing what I want.

When I hit return, the thing
just crashes, every single
time, no matter what I do.

Hm. Ok.
Take a breath, Sean.

A breath?

I haven't taken a breath
for like, eighteen months.

I'm used to being
the smartest guy in the
room and now I feel like I

shouldn't even be in the room.

Sean.

Have you ever tried to back
in to one of these problems?

Marc Andreessen,
the 23-year-old,

who helped create
the Netscape software,

benefited from a leap
of faith by investors.

And what
was Mark Andreessen?

He was our Messiah
of technology and the
inventor of the browser.

You just
reverse the paradigm.

Because you know the
solution, correct?

Yeah, I do,
the desired outcome.

Ok, then
just work from there.

Backwards. Right?

Marc was
basically visionary.

He saw way beyond the
things that were being
done at the moment.

He was just so bright.

You could tell that just
by talking to the guy.

Wait. Really?

You'll need
to wrap it in an extra div,
then fire it up again.

It'll work.

How did you do that?

I didn't anything.
I just gave you a prompt.

You did.

Remember: there are no stupid
questions, only stupid people.

He's rather blunt.

I think the
word would be arrogant.

And
I don't think Marc ever
suffered fools lightly.

Let's go stud.

Can't run this
meeting without you.

Ah.

Almost forgot. Time flies.

All of us were quite
aware that the number of
downloads of the browser was

just skyrocketing,
and we were starting
to get actual revenue.

I thought this was
an explosive thing.

I thought we
were gonna continue to grow
explosively, so I suggested,

"Why don't we try
to go public?"

Barksdale and I
were less certain and in fact,
I was fairly adamant that...

-Marc Andreessen.

What?

-You're not Marc Andreesen.

Um. Yeah.
I mean, yeah.

Hey everyone, I'm not
really Marc Andreessen.

Um, you know, my
name's John Karna.

I'm the actor who
you've been watching
playing Marc Andreessen,

but um, yeah, I'm
not him .

The real Marc Andreessen would
probably rather munch on a
tasty snack of goat balls and

broken glass than reminisce
about the good old days at
Netscape; which is to say,

Marc is a very
forward-looking individual,

he's not a "those were
the best years of our lives"
kinda guy.

But I'm an actor; so I will
say pretty much anything.

Oh, and from here on out,
you know what, I'm just
gonna try to stick to things

Marc Andreessen actually
said or things he would
be likely enough to say

that he won't sue us.

Don't get
me wrong, I'm nothing
but smiles over here,

I'm just not 100%
sold on going public.

My old advice had always
been, a company had to show
profitable results for three

years in a row before you
could consider an IPO.

The main thing is, I'm
hearing a lot of feelings
and not a lot of facts.

Let's let go
of the reigns here,
let this sucker run.

Sales have doubled
in a quarter.

Fact enough for you, Jim?

Company
was barely a year old.

Unheard of.

It's just words,
but as of yet,

we haven't hit several
benchmarks for version 2.0.

I'm guessing that
matters, yes?

Great.

So we launch the IPO,
get a ton of capital
to fund this thing and

2.0 makes 1.0 look
like a stone and chisel.

It gives us room, guys.

And if Microsoft
starts bundling their
browser with their PCs?

That would
take a huge bite out of
our market share before

we're actually profitable.

A potentially fatal bite.

Okay, let
me break it down for you
in the simplest of terms.

This is Jim Clark.

He dumped three million
dollars to start Netscape,

so he wants to take
the company public,

have an initial public
offering in order to make
that money back

as fast as possible so he can
buy himself a giant robot yacht.

This is Jim Barksdale,
our CEO.

He's a very experienced
businessman from
the non-tech world,

who knows how IPOs
work and what types of
benchmarks you need to hit

before you go public.

Jim understands systems,
possibly better than
anyone else out there.

And he wanted to make
sure the company was set
up for long term growth.

And he also said at one
point, "I made a promise to
take care of these people."

And then there's me.

Marc Andreessen.

I just wanna get back
to working on the product
because at the end of the

day that's really
all that matters, right?

Is that clear enough for you?

You're
worried about facts?

About market share?
How's this?

As we speak, 15 million
people are using the Internet.

You know what that is?

It's roughly half the
population of California.

There are 5 billion
people on this planet.

We've only scratched the
surface of buyers out there.

Even with
Microsoft entering the
arena we're still looking

at a majority percentage
of a growing market.

The IPO gives us room
to expand and evolve.

To stay ahead,
not just keep up.

So, damn, boys!

Let's open this sucker up
and see what she can do!

Ok.
All in favor, say, "Aye."

We were
two guys in our twenties,
and we would happily spend

three hours chatting online
to people around the world.

On a Friday night.

Take a couple
loners like us who didn't have
girlfriends and you suddenly

realized that you could
be connected to anyone
in the world, family,

friends, potential girlfriends.

So the way we consider
it is this is day one of
an entirely new world.

Here we are.

Welcome
to our humble abode.

Don't let looks fool you.

We are cutting edge
on many technologies.

Everyone, I wanna
introduce you to Phil.

Phillip.

Phillip,
this is everyone.

Take a look around.

So you're running
Lotus on an IBM server.

Yes,
we are, good eye.

So, we can't pay you much.

Minimum wage, basically.

That, and
an endless supply of
pizza while you work.

Pudgie's?

Sure, we
could do Pudgie's.

Yeah, sure.

So you have
experience with HTML?

Yeah.
Great.

Can you tell us
about some of your work?

I could show you.
Oh, please.

This
one had a hand in,
mostly back end stuff.

And this one was all me,
front and back.

Is that
a chat function?

Yes, it is.

Chat
was not something we
had invented at all;

it had been around for
twenty years, but we made
it way more graphical,

where people were
chatting just with text.

We were adding what would
now be called emojis.

We did not call 'em
emojis back them.

We would have been calling
them icons or little graphics.

And those things were so fun.

And I looked at
TheGlobechat function and

I already know how
to make it better.

How?

Bros, seriously?
Pudgie's.

.

So what are you guys
trying to do with this?

Well you
mentioned the chat function,

there are games you can
play and a classified section.

No. Bro,
what are you trying to do?

We want to
bring people together.

Build a digital community
through shared interests from
people all over the globe.

An international
social network of
users who can connect solely

through their computers.

We want to
change the world, man.

We wanna
change the world.

At the time,
using computers was
ant-considered anti- social.

And so this idea that we
could be so social online really
flew in the face of everything

that you'd sort of been
raised to understand.

Let's make
it all about this site
where people come,

where they have a visible
presence, where they
can spend their time,

express who they are to
each other, and just exist.

Be somebody.

Matter.

Right?

Create your own virtual
family for life that can
belong there and follow you

and connect with
you, um, and you
never feel alone again.

Cool.
Alright, so you in?

I like the
Molto-Multi-Meat-Madness.

I'm sorry,
is that?

That's from Pudgie's.

It's only two bucks
extra but totally worth it.

Oh yeah! Cool.
Ok. Monday, then?

Monday.
Cool. Monday.

Yeah. I'm in.

How we
gonna pay for him?

I mean, we can afford him for
what, three, maybe four weeks?

Right, so
we need more money.

I can make some calls.

We gotta
think bigger man.

If the site keeps growing
at this current rate, we
won't be able to keep it afloat

with a few
grand here and there.

Ok.

We were always hearing about
tens of thousands of new users
signing up every single day.

So, we knew the revolution
was on and whoever was
gonna have the most money and

executed the fasted
was going to win.

You're the one from Palo Alto.

You thinkin'
venture capitalists?

I read
Netscape raised
$5 million from a

30-minute meeting
with Kleiner Perkins.

We only need a
fraction of that.

Ok.
My dad might know some people.

Your dad knows
some people at VC firms and
it's just now coming up?

Jesus, Todd.

What?

Hi!
I'm Michael Fenne.

Hey, I'm Mike Fenne,
super happy to meetcha.

.

AAAAAAARRRRRRRGHGGGHGH!!!!

So Michael
was coming from one of the
more impoverished parts of,

of the United States.

It's in rural Virginia.

It's coal country.

He was the son and the
grandson of preachers
in Appalachia.

He traveled across
the country.

And according to him,
he encountered a lot of
hardships along the way.

Hi.
I'm Michael Fenne.

He said that at one
point, um, during his journey
he had an abscess tooth that

he pulled out of himself,
after anesthetizing himself
with a bottle of Jack Daniels.

Uh, he claims that he was, uh,
you know, robbed at gunpoint
and, and stabbed in the chest.

Hey Sir, Sir?
Yes?

Would it be
possible to get some money so
I can take care of my family?

I don't have anything.
Please, I think.
Hey, I said no.

You need to take
responsibility for
yourself and respect the

Lord's plan for you.

God bless.

Hey, Sir.
What? Ow!

.

The stories were
just so outlandish
that from experience,

talking to him, hard
to say what was real
and what wasn't real.

Netscape changed in a huge
way that was positive when

Jim Barksdale came in.

I mean, he was the
most significant and most
successful and impressive

executive in the land.

Mike Homer the Head
of Marketing who is
now deceased sadly,

and I had our classic
marketing-sales bang-bang,
disagreements that sort of

spread throughout the
company a little bit.

And Jim called me in one
day and said, "Todd."

Oh, Todd.
Conference room.

Michael, conference room.

He said,
"I hear you are not getting
along with Mike Homer.

I hear from a lot of
people you're having
some fights and I don't think

that's good business."

Take a seat guys.
Here's the thing.

Number one: when you come
across a snake, you kill it.

You don't call your buddies,
you don't form a team, you
don't put a meeting together,

you just kill
the snake, right?

Jim
spoke in aphorisms and
uh, and storylines.

And you had to listen
thoughtfully to say
what's the message here.

Number two,
you don't go back and
play with a dead snake.

A snake.

Don't play
with dead snakes.

Kill the snake,
don't call your friends,
kill the snake.

And what
it meant was if you see
an opportunity or a problem,

solve it and finish it, and
don't go back and pick it up.

I guess you've heard
there's a big problem
here and it really hasn't

been gettin' any better.

Mike's been really
undercutting my methodologies
in the sales force.

Yeah,
that's a buncha bull.

Here's
what's gonna happen.

We're gonna get
together tomorrow, same time,

and if you two still
aren't getting along,
I'm gonna flip a coin.

Heads, I fire Todd,
tails I fire Mike.

Sound good?

Yeah.

Cool, alright.
Good talk.

And my
body went white and I said,

"Oh my God, I better
solve this problem."

So a week later Mike
Homer and I are getting
along really well.

Number three,
all opportunities start
out looking like snakes.

-There he is!
-Over here.
-Good to see ya, how ya been?

-Good to see ya, how are ya?

So I heard
back from my buddy today
at Kleiner Perkins and

he's willing to
sit down with you.

-Excellent!
Thank you, Dad.

Wow, okay,
that's amazing, Mr. K.

We're talking
about a very smart guy at
a very prestigious company.

He hears lots of ideas.

So how about you run this
by me and we go from there?

It's gonna be huge.

That's your pitch?
It's gonna be huge?

We have other,
others, we have other
stuff that we put together.

Yeah, we have a
whole like package and uh.

Go ahead.

Ok, yeah, so
Steph and I have developed
these functionalities that

are unique to the site,
like the gaming platform and
registration program.

But what we're really trying
to get these guys to invest
in is our growing user base.

Our
community is growing
exponentially every month.

If someone were able to
tap into that market,
it would be huge.

Why?
Revenue.

Possible subscription fee.
Your advertisements.

Ads?
Oh yeah.
On the Internet?

Dad.

Do enough
people even go there?

It seems like a
bunch of geeky kids.

.

Dad,
Netscape Navigator has
approximately 10 million users.

That number is growing daily.

Supposedly, 2.0,
their next version,

will have enhanced
graphic capabilities.

I mean, that means
essentially you could sell
billboards on your website.

I mean, that would
change the game.

Hm.

Ok, I mean, still
sounds a little generic.

But it does have
definite promise.

Now you just have to focus
your pitch so it's utterly
specific to your product.

We can do that.
We can do that.

Yeah,
we can do that.

-And?

And we think
it really comes down to
TheGlobe.com

creating a massive
worldwide community.

Imagine the possibilities
once we're able to
monetize that community and tap

into its diverse markets.

It could
truly connect the world.

-So it's just the
website, correct.

There's no software?

Correct,
everything is web based.

-Ok.
But how are you making money?

At the moment we're
focused on continuing to
build our current user base.

-And it's free to register?

Yes, but
imagine if you could
start putting ads in.

-I thought your chat function
was quite impressive.

Thank you,
it's essential to
connecting our users and.

-Have you thought
about licensing it out?

We haven't.
We like that it's a
unique draw for the site.

-What about licensing the
registration function?

We're trying
to think a little
more "big picture."

-And you've built
these chat and registration
functionalities from scratch?

Yes, we have.

We have a great team working
on new developments as well.

-Well the site is impressive.
And the numbers are promising.

I'll look over your
business model be in touch.

Thank you both.

You had so
much convincing to do
to get to what you were

actually trying to convey,
it was very hard.

There was this
thing called the Internet.

The Internet.

Isn't AOL
already doing the Internet?

It's also
called the World Wide Web.

It
doesn't ring a bell.

Ok, well
there's this alternative
world that's starting up and

anyone in the
world can access it.

-Has anyone talked to you
about licensing out your
registration software?

-Let's talk more about these
tools that you're developing.

-The company is
based out of where?

-This is very interesting,
we'll definitely
get back to you.

-This is a lot to think about,
we'll definitely look it over.

Once a
company decides to go public
they go on what is called

a "road show."

Essentially you and your team
travel around to different
investment firms informing

their analysts about your
company and sharing details
about your business model,

and the hope that they'll
buy a large amount of stock.

See, that seems a
little over the top to me.

It's a dot-com road show,
it's not a Lady Gaga video.

Anyway, yeah.

Dozens of meetings
within a matter of weeks.

It's grueling, but it's a
necessary part of the process
and it helps you not only

share aspects of your
business, but it allows
you to gauge the investment

industry's genuine
interest in your company.

We had to do a
little song and dance.

It was really just
selling the future,

selling the prospect
that this was a new era
that we are blowing open.

Honestly, I find the whole
process just really fun.

Those meetings
were my own personal hell.

Who exactly are we talking to?

Oh, four
to six analysts.

No big deal.

We'll give 'em our pitch
promoting our IPO, then
take some questions.

Just relax,
be yourself, rest in the
knowledge that you have the

best product to hit
the market in 20 years.

Main thing is, if
what you have is real,
you don't need BS.

Barksdale always
talks about "The Main Thing."

He even once said...

The main
thing is the Main Thing
is always the main thing.

How come all you
coder guys always look like
your mothers still dress you?

See? Hell.

Ok.
My goodness.

Thank you for having
us, and thank you for
inviting the entire world.

.

"Four to six?"
"No big deal?"

Was that four or six?

Half the company
was in that room!

Gentlemen,
shy of a handie from
the CEO himself,

that could not
have gone better.

Not to piss on
your marshmallow roast, Jim.

Jesus, Barksdale.

What?

I'm just
pointing out that the
fact that those analysts

did us a hell of a favor
with some of those questions
they we're asking.

Yep.
They really have zero
concept of what Netscape is.

They don't even
know what the Internet is.

They don't
even know the Internet
is the Internet.

They don't.

What? What?
It's true.

There was something
really disarming and charismatic

about Michael Fenne.

He seemed so gentle,

and he had these,
you know beautiful blue
eyes and this cherubic face

and soft-spoken
voice with a kind of
Appalachian drawl or cadence.

Hi, I'm Michael Fenne.
What a pleasure.

Michael knew
the Bible well and
he was constantly using

Christianity and the
bible in a way to try
to get people's trust,

and, you know,
almost always, um,

in a way to cast himself
as the hero in so many of
these, uh, kind of biblical,

you know, proverbs.

And there was something
about the way he came across
that was very likeable.

Welcome.
Sit up front. Please
find a seat and we'll begin.

Ya'll might want to
schooch in down front,
I won't bite you.

Please bow your heads.

It's like,
restock your inventory,
do you know what I mean?

Excuse me.

I'm just gonna
be a minute here.

Hey there.
Are you new to town?

I sure am.
Just got here yesterday.

So, I'm brand new!

Ah,
well we are so happy
to have you here at

South Coast
Christian Assembly.

I'm Bethany.

Hello Bethany,
I'm Mike Fenne,

what a pleasure!

It's so nice seeing
a fresh face around here.

It gets a little old talkin'
to the same folks every
Sunday to tell ya the truth.

Is that right, Bethany?

Yes it is,
Mr. Mike Fenne.

Do you wanna get a coffee?

Yeah, that'd be nice.
Ok.

The service was
absolutely wonderful.

Well, you
caught us on a good week.

Um, how're you liking
San Juan Capistrano?

You getting settled alright?

I know everybody in
this godforsaken town,
so if you need anything,

just say the word.

That is so sweet.

I am actually
looking for some really
basic office space.

Well, I
know just the person.

You have got to talk to Dave.

Um, let me just
see if he's busy.

One sec, ok?

Ok.

I have a
letter that is part of his
permanent court record to his

third wife shortly
after he fled Wise, Virginia.

He says things like,
you know, God has
blessed me with a unique

ability to defy reality.

And now
an interpretive
dance choreographed by

Paul Becker based on
a real letter that I
wrote to my ex-wife.

Ahem.

I want you to know in
advance of reading this
that I am taking this one and

only opportunity to
vent my feelings to you.

Yes there is
great anger in me.

But please bear with me
and read the entire letter.

God has given me a new
life to start over with.

God has given me a
new life to start over with.

And the sum total
of my heart is joyous for
the most precious gift.

If you have not filed for an
annulment yet, please do so.

I will be singing
and playing and taking a
true love with me to all

the places you will
only be able to think
about in your head.

I will live then and
recover totally from
the fatal wound that you

gave and rise
like the Phoenix.

My life without you
has been a living hell.

A hell you sent me into.

i never ever want to hurt
like that ever again.

Forgiving you, and
moving on is part of the
necessary healing journey.

To put you fully out
of my mind forever I have to
forgive you completely first.

I've
been up since 4:00am.

Got you beat
by an hour and a half.

Everything good to go?

Mm. Don't know.

I got a call from Mary
last night, couldn't
get her on the phone.

Something about
the stock price.

If you could
get the endorsement
of Mary Meeker,

it was like printing money.

She was a successful
analyst before the Internet.

She thinks
$28 is too high?

I don't know.

Too low?

I...

Don't...

Know.

Go get a bagel and coffee.

Just relax.

I've got the runs.

Hey. Psst.

One word: Netscape.

"Here today and
gone later today."

David Lee Roth said that.

Really? I mean,
it looks pretty good to me.

The last scene
of Dr. Strangelove.

"Waaa-hooo."
Booooooom?

This is who's playing
with your nest egg
over at NASDAQ, folks.

Twenty-five year-olds
right out of college;
who think that investing

in a company that
hasn't even turned a
profit is a good idea.

Netscape owns 75% of a
fledgling market share,

ladies and gentlemen.

75%.

That tells me they
own the new frontier.

You think the Internet
is going away, then
you're my grandfather.

Anyone who
gives their product away
for free isn't running a

sound business model.

You want my client's
hard-earned shekels?

Turn a profit for three
quarters at least, then,
you have my blessing.

Go public.

We invest,
they expand,

the stock price
soars and you get to
retire to Vero Beach early.

You're welcome.

Have you
been to Vero Beach?

At that particular
time Mary Meeker was the
primary technology analyst

for Morgan Stanley,
so her job was to be
able to articulate to the

investor customer
what we were about.

7:00 a.m.

NASDAQ is pumping.

Why don't we have a price?

.

Morgan Stanley.

Mary Meeker's desk.
Yep.

Mary,
Jim Barksdale, Netscape.

Uh, we're just a
little concerned.

It's 10:00 a.m. over there.

And we haven't
started trading yet.

Yeah, well, they
can't open the stock because
they can't price the stock.

What? Why?

Because retail
interest is high?

How high?

Well, dial
Charles Schwab.

Do it now.

I got it, I got it,
I got it, I got it, hang on.

.

There we go. Fellas.

Welcome to Charles Schwab.

Fellas.

If you're interested in
the Netscape IPO, press 1.

For all other
inquiries, press 2.

Wait.
Did they just put me on hold?

Mary, what does
it mean...?

A,
Never put me on hold.

B, refresh your page.

$71?
$71 a share!

Are you kidding me?

$71!

.

You're welcome.

Yeah,
give me some of that.

Stop it.

Take it down,
take it down buddy,

take it down,
take it down, take it down.

A little bit of
my own ego, I suppose,

but when I started
Silicon Graphics,

my first company, in
those days, people
thought I was lucky.

So I had a bit of an
ego issue with that,

I wanted to prove
that I wasn't just lucky.

Whoooo!

Netscape managed
to prove that.

The Netscape
IPO changed everything.

You don't have to have
4 quarters of a profit.

You just have to have
an amazing product,
a great story,

and a rock star
founder and you're set.

Okay.

-Yeah!

Way to go,
way to go.

Get back to work.

Anybody seen Marc?

Anybody?

Goldman Sachs,
this is Steve.

Netscape?
Sure thing.

Thank you.
Thank you.

Netscape, yes,
how many shares?

100 shares,
you got it Mr...

Yes, ma'am.
You're good to go.

Whoo.

Guess David Lee Roth should
be putting cash down on that
condo in Vero any time now.

Is it just us, or uh?

Netscape?

50 shares?

You got it Mr. Robertson.

-Smith Barney.
Netscape?

Yup.
Can I get your name?

-Bro.

Did I not totally call it
with this Netscape run?

Yo!

Let me ask you, is it hard
to be so unbearably handsome?

-Exhausting. You?

You have no idea.

Gotta beat em
off with a stick.

-I bet.

Yeah, it's a nice jump.
I'm ok with it.

Happy people at
Netscape today.

Thanks, Andy.

I'll circle back
before we close.

Erin, get me Barry at Charles
Schwab on the line, please.

At the end of day one,
Netscape had a market value

of more than $2 billion.

Investors close to
Morgan Stanley, which
managed the public offering,

got shares for $28.

Analysts say they probably
sold most of them after
the stock opened at more than

$70 and crept higher.

Everybody else jumped in.

The entire 5 million
share offering turned
over nearly three times.

Sure, you
want the first day to go
well, but the truth is,

it doesn't matter.

What matters is if you
can keep that price up.

Even at the closing
price of $58, 25 cents,

some analysts estimate
Netscape's price earnings
ratio next year could

be an astonishing 970 to 1.

Netscape had
that stability.

The flood of press
they got from the
massive IPO definitely

didn't hurt, though.

Thanks, Danny, I
appreciate it, ok, you too.

What's up?

I've got reporters
from Wall Street Journal,

New York Times,
Forbes, Wired, the Chronicle,

and about ten other
news agencies all
asking for interviews.

How do you want to handle it?

Put together a
list and we'll come up with a
game plan with Jim and Marc.

That reminds me.

Hey, everybody.
Quick word.

As you can imagine,

there is a lot of
interest from the press
in our company right now,

phones are just
ringing off the hook.

I'm sure you're aware
of the feeding frenzy
outside the front door,

here's the thing:
please, do not say anything
to the press unless we,

your bosses, have approved it.

Ok?

Alright, back to work.
Whoo!

Actually, they just
want to speak with Marc.

I guess, you know,
he's 24 and uh .

Right,
yeah, that makes sense.

Hey. As much as I
admire your discipline,
if you were ever inclined

toward an 8- ball
and a hooker, today
would be the day.

Well,
the night is young.

So, Marc, we
need to talk about press.

Every blue chip member
of the 4th Estate is
barking down our door,

and they all want
to talk to you.

Yeah, sure.
Anything to help the company.

Ok. Great.

In the meantime,
are you planning on
enjoying any of this?

You know,
after today, we have
to deliver 10,000%.

I mean, that's
obviously ridiculous, you
understand hyperbole, Jim?

2.0 has got to
dominate the browser market
critically and financially.

And right now, our plug-in
support is weak, our mail
element isn't even happening,

and about ten other
things we promised are
still in the idea phase. So.

Ok. Got it.

But you're still coming
to the party tonight, yes?

Marc?
Hey, man.

Marc?
You coming to the party?

Oh, there it is.

Um. Yeah, yeah, definitely.

Alright.

We broke 75,000
daily visitors this week,

and apparently it
doesn't mean !

Where does this leave us?

Another
round of begging friends
and family for money?

So?

Damn. You guys see this yet?

It's crazy.

Are
those numbers right?

Bro, that's
the Wall Street Journal.So.

Steph. Steph!
Check this out.

It closed at $58?

And got up to 74?

Where did they price it?

$28.
$28?

You think
Netscape could just,
like, give us some money?

Seems like they
got enough of it.

If anyone needed
proof that the Internet
is real, here you go.

This is the biggest
tech IPO since Microsoft.

Call 'em all,
aunts, uncles, half-cousins.

We just need to keep
this thing alive for
the next few months.

Then what?

All those
fools who just
turned us down are gonna

be throwing money at us.

Trust me.

.

Hey, hey, hey!

Everybody,
everybody, everybody.

Who's got, who's got,
everybody have a drink?

Here buddy.

Everybody's got a drink.

You need one.

Um, a little
over a year ago, we,
we, we launched this sucker

with a few million
and a pipe dream.

And as of today the
company is valued at
just under $3 billion.

.

I'd say that's
a very good year.

And I
would say it's safe to say,

we are the top browser
in the business.

So congratulations!

.

It also
makes us a target. So...

So keep on going.
It doesn't stop now.

In the startup world,
you're either a
genius or an idiot.

You're never just an
ordinary guy trying to
get through the day.

You know, the Internet
has always been, and
always will be, a magic box.

And we reached in and
pulled out one magical coin.

So for a day, we got
to be the geniuses.

For a day.

And in my opinion, even
a day is way too long
to rest on your laurels.

Hi.

Yes, I'm trying to get a
round trip ticket to San Jose.

Actually, make that one way.

Yes. First thing tomorrow.

Early as possible.

Yes, I'll hold.

Hi, I'm Michael Fenne.

When Netscape went public
investors couldn't get enough

of the stuff.

The company has a 70%
share of sofware used to
navigate the world wide web.

That's the most traveled
part of the internet.

Captioned by Cotter
Captioning Services.