4 ms·
Not really. Go find a company from '97 that had $70 million in revenue and was breaking even.* If there is a company, it might have had absurdly inflated ad-b
by davidu 16y ago
Not really.
Go find a company from '97 that had $70 million in revenue and was breaking even.*
If there is a company, it might have had absurdly inflated ad-based revenue when CPMs were like $30.
- pitdesi 16y agook, maybe more like 95... Netscape had $80mil in revenues and was close to break even (made a profit in '96) http://www.secinfo.com/dRqWm.8Ae8.htm#49o5 http://www.secinfo.com/dRqWm.8Ae8.htm#49o5
- davidu 16y agoNetscape absolutely deserved to go public based on any metric. The future could not be predicted based on their inaction and Microsoft's dominance.