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Andreessen Horowitz Part I
Acquired
The Netscape Ipo
It was unusual for companies at this point in time to, i po without being profitable. Now you look around and it's absolutely the minority of the time that acompany is profitable before the public is willing to take on the risk of continuing to finance that company. So such is funny how how much things have changed. I mean, it really, the netscape ipo, this was like a cultural moment for tek, for the world, for finance, for everything. This was only six days before the launch of windows 95....
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