All language subtitles for Valley.of.The.Boom.S01E02.1080p.WEB.H264-METCON_track3_eng

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

Even with Microsoft
entering the arena,

the IPO gives us
room to expand,

to stay ahead,
not just keep up.

Till we need more
money, I can make some calls.

We won't be
able to keep it afloat with
a few grand here and there.

Netscape
reached $5 million
from a 30-minute meeting.

We need
venture capitalists.

NASDAQ is pumping.
Why don't we have a price?

$71 a share.

Another
round of begging friends
and family for money?

-Did you guys see this yet?

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

We are the top
browser in the business,
so congratulations.

.

It also
makes us a target.

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

Actually make that one-way.

-Hey there, are
you uh new to town?

I sure am.

I'm actually looking
for some office space.

When Netscape went public,
investors couldn't get enough.

Huh. I'm
Michael Fenne.

The boom
was a product of what
we now call FOMO,

you know the
fear of missing out.

Did we attract
a lot more people who thought
they could make money?

So you had a
very large number of people
who didn't understand

what these products
were, they wanted to
take it on the train even

though they didn't
know where the hell
the train was going.

Everybody thought they
could get rich with a website,
with a, new technology,

with an advancement of
the technology, you know,

and people who weren't
making money felt
like they were left out.

It was most
definitely a gold rush.

.

The rush to become
the next Yahoo or the next
Amazon.com is exactly what

made everybody
look the other way,
uh and allow Michael Fenne

to pull the wool
over people's eyes.

I am doing
Marcus Aurelius in
the Easter drama here

and I have to wear a
Roman legion battle toga.

It is so cool.

I was trying
to take a picture and
show you the new me,

but I am still afraid that
names deleted may betray me
and take it to the officials.

I finally got my
hair the way I intended.

It took five treatments
with salon coloring, but
it looks absolutely good.

Even if I could I would not
go back to my original color,

because this looks so cool.

Almost blinding.

When I get my face done, even
name deleted may not recognize
me when I see her this summer,

but she'll know me,
I know she will.

I am getting brown now,
very hot here, and am, yes,
supplementing with a tanning

bed for the Easter drama,
since Romans were bronze.

What say
you, Lucius Veras?

-Marcus Aurelius, is
it the truth you tell?

Everything we hear
is an opinion, not a fact.

Everything we see is a
perspective, not truth.

-But sir, do you or
do you not dissemble?

Do you not see?
It matters not.

Our life is what
our thoughts make it.

-Marcus Aurelius,
I beseech you.

Defend the city of
Rome and its citizens.

Senators, we must
speak of war provisions.

The Silicon Valley money
machine is still cranking.

They
are buying the $4 million,
the $3 million homes.

Welcome
to the front lines of
the technology revolution.

These kids are 25 to 35.

And they've all made it.

There was The
Valley before Netscape.

And The Valley
after Netscape.

Things were
changing like this, gradual,
gradual, and then boom!

Hockey stick, you were in
a completely different place.

They were raising
fund after fund after fund.

$400 million, $800 million
to invest in this new
thing called the Internet.

Never had there
been anything on the
scale of what happened

when the Internet hit
and the dot com showed up.

There was
a proliferation of wealth
and there were different

kinds of
people moving here.

All the
Harvard Business School
started to come in when they

would never come to
Silicon Valley before this.

It was much
more of a scene.

It became a scene.

Once you came
up with a, an idea.

Well then it was just a
question of getting people
to believe in that idea

and riches were possible.

Netscape
really changed everything,

the beginning of what now has
become much, much more common.

To have an engineer,
a geek, become a rock star.

-This is absolutely
the number one seller.

-And how much does
this one go for?

-They're approximately a
quarter million dollars.

-Wow.

February was a great month
at Ferrari of Los Gatos.

The
Nasdaq was soaring and its
Silicon Valley customers

rushed to convert
stock market riches:

into sinew, steel
and fire engine red paint.

-We sold 7 of these things
in one Friday afternoon.

D'Anne was just a
warm, nice jovial person.

So I think she made everyone
feel at home and at ease

and she was a little
like a den mother.

You always need
someone like D'Anne.

I was
Jim Clark's secretary.

When he started Netscape
with Marc Andreessen, he said,

it's a risk with
pretty much zero job security,

but I can offer you
stock options, and I was in.

The boys called
me "Netscape Mom."

And, y'know, it worked out.

I worked so hard
to literally dress these
guys and tie their ties but,

after the IPO,
suddenly I was rich!

And overnight, "Netscape"
was a name that everyone knew.

Hi Marc.

Hi, D'Anne.

What
changed in our culture or
individually after the IPO,

not as much as
you would think.

A lot of it was
nose to the grindstone,

"We've got a mission and a
vision to change the world."

I mean, some of
us knew we'd made money,
don't get me wrong.

We weren't stupid.

But we had a higher
paradigm and vision of
what we wanted to do.

Yeah baby,
blow the top off!

It just keeps going up
and you can see it happen!

Hey, guys,
know how we feel about
celebrations of success.

Let's just keep our
eyes on the prize.

Jim.
Yeah?

We already
got the prize.

And our stock just went
up another 12%.

I hear you,
darling, I really do.

I just want to make sure we're
all focused on getting this
company to the finish line

so we can all keep all this
imaginary stock option money.

Because it ain't
real till it's real.

Fair, fair enough.

Alright.

And this is
another Barksdale quote:

"The main thing
is to always keep the main
thing the main thing."

That's what Barksdale was
trying to do when he said

don't get too
distracted about this IPO.

Oh, and D'Anne.

Some of these people
weren't here before the IPO.

I just wanna make sure
they're excited to be here
and they all feel like

they're part of the team, so.

Got it.
You get it.

Yeah.
It went up again!

Good
morning, Sunshine!

Okay
Jim, whatta you want?

Why does it mean
I want something just cause I
greet you in a friendly manner?

Do I need
to repeat the question?

Okay, fine,
I'll skip the niceties.

We're taking the
Microsoft meeting.

Ok.

I want
to see their cards.

I can
tell you what's in
their hand right now.

Lay it on me.

Gates will try
to close us on some kind
of strategic partnership.

And then basically lock us up
in their tower like Rapunzel.

Or eliminate
us entirely like a gnat.

Nah,
we're too big.

Really?
Well aren't we?

Next to Microsoft?
Market share.

True. But I doubt
Bill Gates sees it that way.

True.
Great talk.

Always.

Really nice space.
Really nice. I like it.

Thanks. Yeah,
well, it works out.

Yeah. Well, I can
definitely help you out,

bring your people
into the 21st Century.

I know the complete
Office Suite very well.

In fact, I'm friendly with the
Microsoft team in Redmond,

it really is a small
community of innovators.

Really? Well,
that's very impressive.

I'm still kinda
getting up to speed.

Thing is, I've
got some pretty big
things going on, so.

Big things?

Oh, the Internet
is changing the game, Chuck.

But you know
better than anyone,

anyone that doesn't
get on board is gonna miss out
in some very meaningful ways.

Well, I'm
hoping to get on board.

I'm in the process of
not only changing the game,
but blowing the game to bits.

Revolutionary stuff,
consulting some
pretty big players.

That's exciting.

Lord help me.
Saudis, you name it. Yeah.

Big money, big headache!

I guess.

Yeah. I can help
you out during the day, okay,

and then I'll just
get most of my business
done later or at night.

Sound good?

Terrific. Uh, the way
we work it around here is you

just give me a small deposit,

I'll cut you a good deal
on the space in exchange
for some lessons.

Or, how about
this: let's just skip the
deposit and lowered rate,

and I just cut you
in on my repair gig,

slide over some
of that Saudi money? 5%?

Oil money?
Hell yeah, that could work!

Alright.
Alright.

Jesus
Christ, I am so tired.

Allow me.

That's okay, I'll
get the next one!

Like it's that easy for
a brother to get a cab
around this mother...

Hi! Hi, hi.
Hey there. Remember me? No?

Well, that's okay, most
people don't remember
the stockbrokers.

But me myself, yeah,
I'm going be here for a
while, so get used to me.

The name's at
the bottom. Check it.

Name is not
at the bottom. Uh.

Has anybody seen my chyron?
Has anybody seen my chyron?

I apologize ma'am.
You didn't deserve that.

There it is, oh!
It's Darrin, here we go, just.

My name is Darrin.
Sagittarius.

My turn-ons, well check
it out, I like let's see,
long walks on the beach.

I like private jets.

Milton Friedman-style
free market capitalism.

I mean, look at them.

Aren't they just adorable?

You know, it's easy to look
at them now and know they were
on the right track, at least,

at least that they were
in the right zone.

I mean, these dudes
basically invented Facebook.

And you can keep your pithy
comment, Mark Zuckerberg;

you got a lot on
your plate right now. Shh.

But what if we were talking
not about "social networking,"
but I don't know, uh,

bitcoin or self-driving
cars or something that geeks
are geeking about today,

would you just know
that it was right then?

Gotcha, didn't I?
Cue the taxi.

Cue the sheer disappointment
on my face when I realize,

they ain't pickin'
up brothers right now.

Hard to get a taxi
around here, you know.

I should create
an app for that.

That'll never work.

It's not much, but I'm
gonna make it my home
from this day forward,

and you know what
I'm gonna do?

I'm gonna make J-Lo-sized
buttloads of money right here
in this bland little strip

mall called Silicon Valley.

That's what I'm gonna do.

Oh, wow, do you smell that?

That is the smell
of billions and billions
of dollars beginning

to pour into the Valley.

Oh, yeah.

Wall Street has finally got a
new favorite child, one that
seemed to skip the coltish

adolescence with the
headgear adnt he face acne,

and turn into an
overnight supermodel.

Oh.

Good luck, fellas!

I think within the
first month, there were always
users in one of our chatrooms,

let's launch the second
chatroom and then a third
chatroom and our user base

went from a few hundred
users the first month to a
few thousand second month,

to like 10, 15,000 the next
month and it kept doubling
up, month over month.

The most frustrating thing
for us, was knowing not
only were we on to something

revolutionary, but that we
were exploding in growth

and couldn't get enough
money to help us support it.

I don't know, man.
I don't know anything anymore.

Well, Todd,
we better figure out
how we're gonna fake it.

We're broke. Again.

I feel like we
go broke every two weeks.

Yeah, that
sounds about right.

I mean,
what the hell.

Bob Halperin is a
really smart dude.

Raychem was huge.

But, he's
used to putting his
money into a product,

something he could
hold in his hand.

This is not a tech guy,
certainly not a guy who's
gonna respond to a web-based,

non-monetizing, non-product.

Netscape.

We're not
selling Netscape.

But Netscape
is selling us.

Okay,
Obi-wan. Spit.

All we have
to say is "Netscape."

That's all anybody's
talking about in the Valley.

Nobody gives a crap
about anything else.

And what is Netscape?

I dunno, rich?

Yes. And web-based.

I hear you,
Steph, and yet all I hear
when we go to pitch

this idea is a
giant sucking sound.

All we need
is somebody who's willing
to roll the dice with us.

Before
we go bankrupt.

Hey Todd.
Yeah?

Do we really
have to sleep in your
childhood bunk beds again?

They're free.

We were just
getting better and
better at recruiting.

We became the place
if you were a serious
high-end software engineer

to come and work.

We were killing it.

I will say, I've never
worked any place in my life
as competitive as Microsoft,

like Microsoft
liked competition.

Microsoft is
gonna compete with us?

That's insane.

They're like,
they're a mountain.

They focus on market
share, like owning markets.

We saw, you know, Microsoft
doing probably everything they
could come up with to erode

our market share and we
just didn't play like that.

We didn't respect that.

Netscape was about trying to
bring the Internet to people.

Microsoft was about
market share, and they
did it exceptionally well.

Gentlemen.

The browser war began
as a news story.

I don't know who
coined the term.

We didn't coin it.

We're in a
browser war, dude.

What's that?

You keep sittin'
there, you're gonna find out.

Ok,
I get it. Cue yawn.

So here is what I am going
to do for you, I'm gonna
liven things up a little bit,

you know, you get the juices
goin', I'm gonna bring
in a couple of mob boys,

some freestylers that I know,
Checkmate and Concise, and
they're gonna tell you exactly

what the Browser
Wars were in a classic
mid-90s style rap battle.

And for your listening
pleasure, yours truly
will provide the beat.

.

Oh my God!

Uh, wanna
talk about this crazy
meeting with Netscape?

We all remember
our side of the story,
let's just put it that way.

I didn't
like Microsoft. At all.

I've
been saying they're good
guys and I respect them.

Off-camera I would
say something.

Before we get too
far down the road, I just
want to be really clear

that Microsoft essentially
owns the Internet.

If you wish to have
a partnership with us,

then you'll need to get
on board with the idea that
Netscape needs to cooperate,

become a partner
who essentially builds
on our core services.

So, either
partner or compete.

And I think we all
know how that will go.

How do
you see that going?

Competing?

Yeah.
Seriously?

Yeah.
Against Microsoft?

We were
the little guys.

We were one-one-thousandth
the size
of Microsoft or something.

They were coming after us, you
know, pissed all of us off.

The kind of meeting
that they talked about is not
the kind of meeting I was in

and certainly not the
meeting that my colleague
actually remember happening.

We were in the room with Jim
Barksdale who is one of the
legendary CEOs in the history

of American commerce.

You don't wanna,
what's the ol' saying,
spit on Superman's cape,

or something like that?

So, the accounting
that we heard about that
meeting of us going down there

and making these threats to
them has always cracked us up.

We found out later that
they had already retained
this anti-trust counsel,

that they had been
trained on what kind of
things to probe with us.

They were on a mission
to get some documentation
uh to be able

to file anti-trust
claims against us.

This was a 2-hour
lunch meeting.

My colleague and I, like,
none of us were eating and uh,
in the middle of the meeting a

pizza shows up to the
conference room that we're in.

And it's not a pizza for
us, it's a pizza for Marc.

Okay, we're all sittin'
around the table, hungry and
Marc just opens up the box

and starts eating in
the middle of this meeting.

It was clear Marc was not
taking us seriously as peers
or as an interested party.

He was sort of looking
at it as like a
lark to meet with us.

I think it was deliberate,
like I think he's an
incredibly calculating person,

and incredibly
socially cunning.

He's an elite thinker.

You know what?

Sometimes a pizza
is just a pizza.

At one point
in the meeting, they said,
well, how about we do this?

We'll take all
the browser business that
runs on Microsoft software

and you all take the rest.

And I said well that's pretty
slim margin there, buddy.

The primary
desktop OS was Windows,

so they controlled
the platform that had the
majority of our users.

That's really when
Microsoft officially declared
their efforts against us.

Did that really just happen?

Did they just threaten us?

I wrote it all
down, because I knew it would
be too surreal to fathom.

But I didn't expect it
to go quite like that.

They
want us to what?

Take a little corner of
the Internet and disappear?

Yeah. Essentially.

Maybe
this is a good thing.

In what way?

Maybe they
just broke the law.

Damn these are good.

Looking good!

Michael Fenne?
Huh?

Hi, I'm
Robert Dunning, nice to
meet you. I'm a designer.

Mhm.

A friend of mine
from the church said you might
be a good person to talk to.

Well, that depends on
what we're talking about, ha!

He said you might
be interested in investing
in or developing new

Internet and
computer technology.

Well, I have a
pretty broad grasp of
various technologies. So.

Yeah.

Um, my pal Steve is a
horse-racing fanatic
and he asked me if I

thought there was any way
that using, y'know, current
technology that I could play

him some sort of feed from
the track so that, y'know when
they parade the horses around?

Yeah.

He's a real big
believer in that that sort of
thing is a big indicator

of like, how the horse
is gonna do in the race.

Yeah.

Anyway, because
there wasn't quite
that kind of thing,

I began fooling around and.
Can I show you this?

Sure.

Just a moment.
Let's see here. There we go.

I do have a 3 p.m.

Yeah,
just be one second. Ok.

just loading.

Great. Ok, so
this is a really rough
beta version. Log in.

Wait.
What am I seeing there?

That's a
download of the video feed.

That is impressive.
That's a really good picture.

Cool, huh?
I mean, I still have
a lot more to figure out

because it's not even
a thing yet, but uh.

Wait, so. Could
you conceivably do this live?

Like a live TV broadcast?

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

Or at least nearly live,
if not simultaneous.

In order to stream live
video, you had to show it as
a little post-it stamp size.

You'd be watching literally,
it'd be like that.

It was tiny.

But if you were able to
do full-screen almost
TV quality video,

for a standard dial-up modem,
that would've been somethin'!

Yes, Robert,
I think you may have
the very beginnings

of something
quite promising.

Alright, hey, look at it.

See that? See it?

Yee shall be as of the
light of the mornin',
when the sun rises.

Yes! Look. I might
be able to help you.

Really?

Yeah.
I've been working a little
in this arena myself.

In what capacity?

I'm a big
picture kinda guy.

I mean, I understand most
of the nuts-and-bolts,
but frankly,

I get a little bored
with 'em after a while.

I hear you.
It sure can be a grind.

But I may
be able to provide some
seed money and my staff,

if you're interested in
a creative partnership.

Wow.

Because I look at
you and I see something,
something I recognize,

a hunger or a desire
to prove yourself.

Haha.
You got me.

We have a
wide range of competitors
entering this space,

competing with just
one part of what we do.

The Microsoft browser
is basically what
we did with Mosaic.

And I'm glad to see
they've caught up to what
we did two years ago.

That's good PR.

Marc's cockiness
was never something I
particularly felt good about.

And I think that article
is one of those that
just felt to me like waving

a red flag
in front of a bull.

So you
don't see them as a threat?

"The Evil Empire?"

I don't see it
as a matter of good or evil.

Microsoft is a competitor,
and a smart one.

And Jim and I just
think it's important to
point out what Microsoft

is doing in various areas,

since they are very
good at using FUD to attempt
to paralyze the market.

FUD?

Fear,
Uncertainty and Doubt.

Marc's comments
were never planned.

That's stuff again I wish
I could've controlled better.

It wasn't
a nice comment.

And it irritated him.

I don't think
it was all that bad.

Don't
tease your competitor,

particularly one as big and
well-financed as Microsoft.

We were a very
proud culture and we were
a very aggressive culture

and they were uh, you know,
rattling the cage as it were.

Marc started to get a lot
more strident and aggressive
and ad-hominum in his attacks,

that it wasn't like we were
wounded by them, we were
sort of just like, whoa, ok,

you know, batter
up, let's go, uh.

I will say we went a
bit further than Marc did.

We actually printed his quotes
and put them on the wall
inside of the building to make

sure that everybody walking
in the door knew what
Marc was saying about us.

They were gonna come
after us anyway, they started
in 1994, the battle was on,

the war was gonna
happen no matter what
and we had to have,

bring some levity
to the situation.

Without that you
just feel crushed.

They
took it too serious.

Here's the deal;
the Internet is here to stay.

And that's
a good thing?

Oh my dear friend,
yes, that is a good thing.

Y'all ever hear of Netscape?

I've heard of it,
but I have no idea what it does.

Exactly! I would argue
that even Netscape doesn't
quite know what it does,

so don't feel too
badly about it.

What is your name again?

Sheila.

Don't feel too
badly about it, Sheila.

They haven't come close
to making a profit.

They're valued today
at over $3 billion.

Hah!

And, in my
less-than-humble opinion, what
I'm doing down here in your

little city is gonna blow the
tops right off of the Netscapes
and AOLs of the world.

San Juan Capistrano,
it's kinda the perfect place,

for him it's god an
affluent population.

Many of them had, you
know, a spare $150,000
to invest and he starts

to convince them that he's
got some really good ideas,
that he could make a lot of

money from and you know,
people who invest in him could
make a lot of money too.

What exactly are you
doing in our little city?

Well, I could
tell ya, Larry.

But then I'd have
to kill you!

No.

But seriously, it's like the
Wild West, and I just laid
claim to a serious gold mine.

So? You gonna
let us get a piece?

There may be a
limited number of openings
for discerning investors.

But this is
cutting edge stuff.

Very hard to explain
in a prospectus.

It's a leap of faith.

You know that saying
in the Bible, "Oh
ye of little faith?"

I mean, I know it,
but I don't know it know it.

When Jesus did his
walking on the water thing,
y'all remember that, don't ya?

Matthew 14:28?

So Jesus he's walking on
the water, and Peter's
right there by his side

and then Peter says, "Lord,
if it is you, command me to
come unto You on the water."

And Jesus said to
Peter, he said, "Come."

And lo and behold, when
Peter turned his attention to
Jesus, he walks on the water!

Just like the Lord!

And he's like, "Oh my God!
What the...?"

And the second he thinks about
it, he falls in the water.

And Jesus says, "Peter,
Oh ye of little faith,
why do you doubt?"

It isn't that Peter didn't
believe, it's that he didn't
have the duration of faith.

He was trying to hold
onto two things at once.

This is, and this can't be.

And the weight
of that sunk him.

I've been Peter before,
but right now I'm on
this incredible ride,

where I know that this
"World Wide Web" stuff

is exactly where the
Lord wants me to be,

and where I am going
to be successful beyond
my wildest dreams.

One thought, one faith.

Yes is yes.

Well, I don't
want to bring "filthy
lucre" into the mix,

but I would love to be part
of your endeavor, Michael.

Me too.
To the Internet.

San Jan is close
enough to Los Angeles that
they could get executives

and artists,
actors, musicians,
other types of people,

they could cut deals with.

It was far enough away
that it seemed to escape
a lot of careful scrutiny.

At the time
you had this kind of jerky
type of video stream that

was so common in,
you know, the mid-1990s.

Wait, this
is incredible. Amazing.

That's pretty
great, isn't it?

Robert, you're a
genius, an actual genius.

This is it.

This is what I've been seeing
in my visions, thank you.

So explain it to me again,

because I don't think
I quite understand what
you're talking about.

Okay.

Well, I took a bunch of
existing technology and sorta
Frankensteined it together.

Frankensteined.

Again, it's
not my tech, but I did
combine it in a new way,

and now what I have is,
well, I think it's what a lot
of people have been trying

to crack for a
pretty long time.

I'm able to compress and
uncompress video to play back
and with a bit of tweaking

I think it'll be pretty
good to broadcast live.

Live. Hey, lookit.
I got goosebumps. This is it!

We are going to be
very, very wealthy men.

And very famous men.

And very celebrated,
and beloved men.

Well, I don't
really want all that, I just
wanna pay off my mortgage,

get braces on my daughter.

You're gonna pay
your mortgage off in cash.

And you're gonna give your
daughter solid gold braces.

Again, not really.

Hey! Solid gold.
Ok.

With live streaming,
in order to make it fit
into a small enough

amount of bandwidth to
put on a modem back then,

you had to use a very
powerful codec to compress it.

You can use mpeg
but more likely you were using
software from companies called

Real Networks or Microsoft.

Robert Dunning takes a
bunch of off-the-shelf hardware
and software components,

puts them together
in a way that really um,

produces some pretty
stunning results.

It looks pretty good and
Digital Motion is founded.

.

Here you go, here you go.

-Yeah! Alright. Cheers.

So for
sure one of the very
first people we went to

was a guy
named Bob Halperin.

I had met him through a common
friend, and I called him up
and I said, I'd love to meet.

He had been one
of the founders of RayCam,
you know this chemical

and physical engineering.

Made a fortune, invested
in Intel, made a fortune,
joined this venture capital firm

and it was basically this
old guy whose job it was to
go and look for investments.

And that was my first
discovery of what
venture capital was.

Netscape.
Netscape.

Uh huh? Okay,
Netscape. What about em?

Um. Well,
I'm sure you've been
following their IPO.

Me and
about the whole world.

What about Netscape?

We didn't understand
at all was required,

like, what was expected
when you went to present,

and in some ways
that helped us,

we didn't know the rules of
the game at all, and so we
sort of stumbled our way in.

Well, like Netscape,
um, we are web-based.

And like Netscape,
there's nothing quite like us.

But we're better.

And we're gonna be bigger.

Imagine that you are a bowler.

Or a punk rocker.

Or you know
possibly a golfer.

Or a pastry
chef, or a new mom.

Okay, I'm
a new mom who bowls.

Good.
Congratulations.

Thank you very much!

Where do you meet
other new moms who bowl?

I don't know,
the beauty parlor?

Well,
what are the odds you
find that other new mom

who also bowls
a decent game?

Bob, you
need to join TheGlobe.com.

Or a group to
promote your business.

Or a way to share plans
with your family. Or photos.

Or games you
can play with your friends.

It's
an entire network.

But instead of a business
formal-type network,
it's a social network.

People will want to
log on, I guarantee.

It's
very addictive.

What most investors
at the time didn't see was
the Internet for what it was,

a chat room and a chat
experience, they could wrap
their heads around a little bit,

even though, you know,
none of them chatted, and so
if you couldn't get your mind

around that whole
thing and how you could
live in the Internet,

there was no point in trying
to convince those investors.

Ok, so what we have
in front of you.

Oh uh uh, these
are our models for scaling
and capitalization.

Okay, okay, okay!
I love the energy.

I love the fact that
you're both true believers.

We are.
Thank you.

But for VCs to be
interested, you're gonna have
to scale at 5 to 10 times

the growth rate
you're showing here.

Look, sir,
this is a new world.

This is day one of an
entirely new world.

I can see down the
road and the Internet...

You're
not hearing me, son.

Let a man say, "Yes,"
for the love of Pete.

I'm in.

How far
do you think 100K
is going to stretch?

A month? Two?

Can we just enjoy
the moment before we go back
to knocking on doors tomorrow?

Please. Can
we please do that?

Yes.

Boys, count me in.
Blew our minds away.

He was
extremely supportive and
he was a businessman

so I got tons of advice
about how to run the company.

So I'm sure Todd
and I both got drunk uh on
the flight back to New York.

-You are the man, Dunning.

Every company I've
talked to is on fire
about your tech. It's.

Thanks.

Michael, we're
all good on the legal side?

Registrations and such?

Yeah.
Whatever the "genius" says.

That he is.

Ok, alright.
Watch this. Let's see.

What, seriously?

Yeah, just figured
that one out yesterday.

That's a new one.

Bob wrote us
our first $100,000 check

and then he was
gonna make introductions.

We heard there
was a motto at Netscape
which the CEO hyped a term

he coined called
GBF, Get Big Fast, that's
all that matters, GBF.

If you can get big
then it's harder for someone
else to take you down.

Luckily we were
finding one in a 100,
yes, here's 100 grand,

here's 100 grand, and you
know, this was allowing
us to claw our way up,

throw in more servers,
get a bigger space,
hire a few more people

and it was this
iterative process of
hurrying up, hurrying up.

Meanwhile our
users were signing up
like crazy, I mean,

we just couldn't
add enough chat rooms
to fit everybody in.

We were
growing by hundreds of
percents every few months.

And we were now
on this mission to like
relocate to New York City.

And so within a few months
I found an office space,
it was just a completely

gross empty traditional
New York loft space,
but New York is New York.

We're gonna go do it our
way on the East Coast.

That was our place, that's
where we'd make our mark.

High-quality
Internet streaming had major,
major potential to, you know,

mint uh, you know,
millionaires if
not billionaires,

you know largely overnight.

Once Netscape went
public and made all that crazy
money and people wanted in.

Every level of uh, truth
and fantasy existing
at the same time.

There was legitimate
money being raised,
there was uh, you know,

big clients that wanna get
to the game and then there
were the con artists.

Whoo!

Michael. What
the hell is going on?

You haven't answered a single
call or been around in a week.

Yeah, well,
I'm trying to deal with this
bankruptcy stuff so that you

and Chuck don't get arrested.

Arrested? What?

We're out of
money, Robert, you get it?

The deals aren't coming
through fast enough.

So we're done.

I need to fold the company
or, y'know, my ass is grass.

But what about
all the investments?

Right now I just
wanna make sure y'all are okay

and don't get in
trouble for all this debt.

You're
folding the company?

Hey, don't thank
me until I'm sure we're
outta the woods. Alright?

I'm certainly
not thanking you.

Michael, what about
the technology I created?

Whoa, wow.
So, you paid to develop it?

Well, obviously not.

You lived in your
car imagining how you were
going to build this company?

Because I could have
sworn that was me.

No, but I.

"But-but-but."
Robert, you know
what, you need to grow up.

I tried to help you,
I tried to help Chuck,

I tried to build this company
around my special vision.

What
about the patents?

Please tell me you
got the patents?

What? You think I had
the time, the money and legal
help to get the patents done?

What do you think I'm some
kind of billionaire octopus?

What are
you talking about?

Hey, I am trying
to keep you a free man.

I'm trying to take
care of you here.

Do you get that?

No, this makes
absolutely no sense.

I have no idea what
you're talking about.

This is complicated
stuff, it's CEO stuff, it's
above your pay grade.

Michael,
you can't just.

I can't
just what, Robert?

You can't just
close up shop without
consulting your partners.

Trust me. I am on
this like white on rice.

I got it covered.

And last time I checked you're
an employee, not a partner.

An employee
who hasn't been paid.

Beside I've got
something of my own brewing
as well, so I gotta get going.

Michael!

Hey, so I will
be in touch. Alright?

Hey! Hey! Keep the faith.

Son of a bitch.
Michael!

Dammit!

Hi, it's David.
David Kim Stanley.

I know, I know,
just listen to me.

Hey, just listen, because
this may be the last time
you ever hear from me, ok?

This guy who has been
calling himself Michael Fenne
is really somebody named

David Kim Stanley who is
a fugitive of the law.

Hi. Michael Fenne.
I'm Michael Fenne.

I'm Mike Fenne,
what a pleasure.

David Kim Stanley.

David Kim Stanley
was the son and the
grandson of preachers

in Wise County, Virginia.

At some point he began
holding himself out as
an investor who could

help people in his town
invest their money for

retirement and according
to court records,

he received somewhere in
the neighborhood of
about $1.25 million

and had trouble paying
almost all of it off.

He is sentenced
to decades in jail.

Name deleted says
that warrant is only for
failure to appear.

They don't get the Feds
in on a small-timer like me.

So a few more months
of caution, surgery, and
daily intercessory prayer,

and I will have
completed my gauntlet.

You could have been with me,
we could have been together,
free to come and visit and

communicate by the
time the baby is born.

But you had no real love
for me, no true faith in me.

It has come off, so far,
exactly like I said it would.

It has always been, and always
will be, a mistake to lose
faith and underestimate me.

God has blessed me
with a unique ability
to defy reality.

And if I die tomorrow,
that would still be true.

We had about 12
to 15 employees working
from Ithaca at that time,

we had the talk with the rest
of our team, and said guys,

we need to go
into a bigger pond now,
who's coming with us?

-Punch it!

It's an Econoline
van, Terry. This is it.

-We're totally gonna crash.
-We're not going to crash.

.

.

-Dammit!

Nice navigating, Terry.
-Sorry!

.

-Get out of the way!

.

-Let's go, let's go!
Go, go, go, go!

-Two, three, five.
Plug them in.

-Right here, right here.
-Nope, nope, nope. Hold up.

By the beginning
of '97 we were fully
relocated to New York City

and the whole team could
not have been more excited.

-We're up!

.

.

-Oh, .
-What happened?

-Ok, what the
's happened?

Hundreds
of analysts and reporters
showed up and heard Microsoft

chairman Bill Gates admit
Internet competitors have
outflanked his company.

Until now
the software giant Microsoft
has surprisingly paid little

attention to the Internet.

That changed today.

He said
Microsoft will try to compete
vigorously with Netscape in

the Internet browser market.

Well good morning.

I was realizing this
morning that December the
7th is kind of a famous day.

54 years ago
or something.

And I was trying to think
if there was any parallel
to what was going on here.

And I really
couldn't come up with any.

The only connection I could
think of at all was that
probably the most intelligent

comment that was made
wasn't made on Wall Street,
or by any type of analyst;

it was actually
Admiral Yamamoto.

It actually Admiral
Yamamoto who observed that
he feared they had awakened

a sleeping giant.

A sleeping giant.

So that makes
Netscape Imperial Japan?

If it hadn't been
for us you could argue that
Microsoft would've waited

another 2 or 3 years
to get around to doing
something with a browser.

When we showed that
it was an explosive market,
Microsoft was very worried.

Once the giant
woke up or whatever,
they wanted to own it.

And they talked about it.

We decided like we
want to have the world's most
successful web browser on

December 7th, 1995.

We want this to be
the main way, the main on
ramp for humanity for how

they get on the web, our
tool set, our APIs, uh, our
developer infrastructure.

In private,
we were all very worried.

I have work to do.

Work fast, Yamamoto.
They're gunning for you.

Fix my hand.
Thanks, Johnny. Ahem.

Can you hear me? Good?

Yeah, 'kay.
Well. Good morning.

I was realizing this, I was
realizing, bleh-bleh-bleh.

We'll try that again.

Well good morning.

This eh, ahem.
One more time.

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