Barefoot on a Velvet Throne: How Netscape's $0-Profit IPO Detonated the Dot-Com Era in One Wednesday Morning
A 16-month-old company that gave its product away for free and had never earned a dollar of profit opened at $28, hit $75 by lunch, and minted a 24-year-old billionaire-in-waiting. Wall Street would never be sane again.