Introduction

Michael Koval: Netscape went public in the summer of 1995. He says it kicked off the dot-com bubble, and people were dying to work with these companies. In 1997, 1998, in 1999, the Nasdaq made 100%; then in March of 2000, thedot-com bubble blew up,. And in the fall of 2002, the NasDAQ in a two-year drawdown was down 77%. Wham, bam, thank you, ma'am.

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