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Introduction
Marc Andreessen and Jim Clark founded Netscape in 1994 under the name Mosaic Communications Corporation. The company focused on the expanding world of the internet and released the web browser Mosaic Netscape 0.9. In November of 1994 the company took on the name Netscape after trademark ownership problems. A year later, Netscape was growing impressively and was looking for new ways to raise capital to fund its growth. Among the various alternatives, the IPO was the chosen method. There was huge interest in the IPO of Netscape and the initial price of $14 per share was being reconsidered. The board's responsibility was thus to determine the appropriateness of the proposed increase in price after balancing the potential risks and rewards that might accompany the move taken.
The reasons for going public
Netscape does need to start looking for new sources to finance its capital needs. According to the following rationales:
1. The company is on the early growing......
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Title: Netscape
Approximate Word Count: 882
Approximate Pages: 4 (250 words per double-spaced page)
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