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♪ ♪
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[typing]
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♪ ♪
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GUMBEL: I guess I was
doing that little tease.
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That little mark with the "a"
and then the ring around it.
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At.
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GUMBEL: See, that's what I said.
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Katie said she thought it was about.
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- COURIC: Yeah.
- Oh.
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00:01:01,238 --> 00:01:03,432
- GUMBEL: But I've never heard it said.
- COURIC: Or around.
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GUMBEL: I've seen the mark
but never heard it said.
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And then it sounded stupid
when I said it @NBC.
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What is Internet anyway?
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COURIC: Massive computer network.
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GUMBEL: What do you,
write to it like mail?
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COURIC: Allison, can you
explain what Internet is?
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PATERNOT: The Internet back
in '94 was cans with a string.
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Nobody knew what the web was,
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and there very, very incarnations of
something called browsers.
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ANDREESSEN: They still really have
zero concept of what Netscape is.
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BARKSDALE: They don't even
know what the Internet is.
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ANDREESSEN: They don't even know
the Internet is the Internet.
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BARKSDALE: Most people had not
really used the Internet,
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the vast majority of people hadn't
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used the Internet before
the Netscape Navigator was
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00:01:44,867 --> 00:01:46,156
introduced because you couldn't.
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It was too damn hard.
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MURRAY: "It's a web browser."
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And I'm like, "What's,
what's a web browser, dude?
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Like, what is that?"
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"This is the way that you
can visually see
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00:01:54,590 --> 00:01:56,840
everything that
we already do on the net."
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HUFFINGTON: When the
Netscape browser was invented,
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it changed the whole
experience of being online.
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CLARK: Let's open this sucker up,
and see what she can do!
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HUFFINGTON: Netscape made it possible
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to really explore
incredible parts of the online
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universe that we didn't
even know existed before.
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PATERNOT: We want to
bring people together.
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We want to build a digital community
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through shared interests
from people all over the globe.
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An international social network of users
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who can connect solely
through their computers.
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KRIZELMAN: We want
to change the world, man.
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PATERNOT: We wanna
change the [bleep] world.
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HUFFINGTON: I'm sure TheGlobe
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founders would like a dollar for
every time somebody asks them,
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so you were like Facebook
before there was Facebook?
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00:02:43,924 --> 00:02:45,634
KRIZELMAN: In the beginning,
we were talking about names like
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TheGlobe and TheWorld and things that
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implied a global community.
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PATERNOT: I remember having a
flash in what cyber could be.
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This is a new world.
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This is day one of an
entirely new world.
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That you could create a location
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00:03:00,741 --> 00:03:03,662
that people could go to
and have an experience
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00:03:03,717 --> 00:03:05,178
in a virtual space.
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00:03:05,203 --> 00:03:07,270
FENNE: Could you
conceivably do this live?
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Like a live TV broadcast.
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00:03:08,756 --> 00:03:10,420
DUNNING: Well, yeah, that's
the idea, eventually.
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FENNE: This is it! This is what
I've been seeing in my vision.
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Hi. I'm Michael Fenne.
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CUBAN: What Pixelon was claiming
they were gonna be able to do,
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is deliver TV to your PC.
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GOODIN: The entire engine
that was driving
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the Pixelon train was Michael Fenne.
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A golden tongue salesman,
who had a vision.
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HUFFINGTON: Michael Fenne
was an unlikely mastermind
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selling something that we
now take completely for granted.
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- Yeah!
- [cheering]
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GOODIN: I got a chance
to meet Michael Fenne.
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And almost immediately there just,
something didn't seem right here.
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PATERNOT: The Internet felt more
like the Wild West
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where you were going beyond the
frontier that people knew.
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MURRAY: It was amazing,
and you just watched
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this crazy circus take place.
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[dial up internet]
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Synced & corrected by kinglouisxx
www.addic7ed.com
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00:04:19,120 --> 00:04:22,890
BERLIN: Yeah, so Silicon Valley
was originally known as the
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00:04:22,114 --> 00:04:23,992
Valley of the Heart's Delight.
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And it was this incredibly
beautiful place.
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With orchards just as
far as the eye could see.
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People would talk about it
in this sort of Edenic way.
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It felt to people like paradise.
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RULON-MILLER: Silicon Valley was about
San Jose and peach orchards
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00:04:43,790 --> 00:04:46,701
being turned into buildings for
semiconductors and disk drives.
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And some emerging thing called software.
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BERLIN: From the '40s to the '80s,
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the orchards were being replaced by
one tech after another.
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00:04:55,133 --> 00:04:58,539
Apple, Atari, Genentech, Intel.
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But nothing ever compared to
what happened in the '90s,
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00:05:02,161 --> 00:05:03,442
when the Internet hit.
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- ROSENSWEIG: The Internet.
- GOODIN: The Internet.
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00:05:04,793 --> 00:05:06,770
- CESPEDES: The Internet.
- LENZ: The Internet.
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00:05:06,121 --> 00:05:07,145
- BARKSDALE: The Internet.
- KRIZELMAN: The Internet.
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00:05:07,178 --> 00:05:09,140
- HERNANDEZ: On the Internet.
- CLARK: The Internet.
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BARKSDALE: The Netscape browser
certainly played a big part
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in opening up the Internet.
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00:05:15,785 --> 00:05:17,560
Molly, you feeling better, darling?
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00:05:17,606 --> 00:05:20,396
The ability to sell product
on the network,
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to be entertained by the network,
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00:05:22,458 --> 00:05:23,958
communicate with other people.
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All of those things were sort
of unheard of before 1994.
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MURRAY: The browser was definitely
a neat and super-unique thing.
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It-it was basically the
best way to use the Net.
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HUFFINGTON: It made it
possible to really explore.
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Um, incredible
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parts of the online universe that
we didn't even know existed before.
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SEAN: It should be so simple,
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but it's just not doing what I want.
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When I hit return,
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the thing just crashes,
every single time,
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no matter what I do.
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ANDREESSEN: Okay, okay.
Just take a breath, Sean.
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SEAN: A breath? I haven't taken a
breath for like, eighteen months.
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00:06:00,765 --> 00:06:02,655
I'm used to being the
smartest guy in the room,
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00:06:02,679 --> 00:06:04,674
now I feel like I shouldn't
even be in the room.
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00:06:04,699 --> 00:06:05,712
ANDREESSEN: Sean.
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00:06:05,737 --> 00:06:07,893
Have you ever tried backing in
to one of these problems?
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00:06:07,941 --> 00:06:10,260
REPORTER [over TV]: Marc
Andreessen, the 23-year-old,
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00:06:10,307 --> 00:06:12,486
who helped create the Netscape software,
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00:06:12,533 --> 00:06:15,291
benefited from a leap
of faith by investors.
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00:06:15,345 --> 00:06:17,810
RULON-MILLER: And what
was Mark Andreessen?
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00:06:17,115 --> 00:06:19,257
He was our Messiah of technology
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and the inventor of the browser.
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00:06:21,252 --> 00:06:22,832
ANDREESSEN: You just
reverse the paradigm.
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00:06:22,857 --> 00:06:24,555
Because you know the solution, correct?
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00:06:24,589 --> 00:06:26,240
SEAN: Yeah, I do, the desired outcome.
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00:06:26,570 --> 00:06:27,826
ANDREESSEN: Okay, then
just work from there.
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00:06:27,858 --> 00:06:29,746
Backwards. Right?
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00:06:30,317 --> 00:06:33,704
MURRAY: Marc was basically visionary.
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00:06:33,774 --> 00:06:37,480
He saw way beyond the things that
were being done at the moment.
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SIINO: He was just so bright.
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00:06:38,930 --> 00:06:41,290
You could tell that just
by talking to the guy.
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00:06:41,321 --> 00:06:42,434
SEAN: Wait. Really?
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00:06:42,473 --> 00:06:44,254
ANDREESSEN: You'll need to wrap it
in an extra div, and then
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00:06:44,285 --> 00:06:45,481
fire it up again. It'll work.
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00:06:45,529 --> 00:06:47,770
- SEAN: How did you do that?
- ANDREESSEN: I didn't do anything.
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00:06:47,102 --> 00:06:49,452
I just gave you a prompt. You did.
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00:06:49,510 --> 00:06:52,733
Remember: there are no stupid
questions, only stupid people.
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00:06:52,795 --> 00:06:54,460
BARKSDALE: He's rather blunt.
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00:06:54,850 --> 00:06:55,913
SIINO: I think the
word would be arrogant.
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BARKSDALE: And I don't think Marc
ever suffered fools lightly.
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CLARK: Let's go stud.
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00:07:01,342 --> 00:07:02,591
Can't run this meeting without you.
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ANDREESSEN: Yeah.
Almost forgot. Time flies.
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00:07:04,796 --> 00:07:06,195
CLARK: All of us were quite aware that
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00:07:06,250 --> 00:07:09,430
the number of downloads
of the browser was just skyrocketing,
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00:07:09,501 --> 00:07:12,320
and we were starting
to get actual revenue.
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00:07:12,690 --> 00:07:13,954
I thought this was an explosive thing.
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00:07:13,985 --> 00:07:17,101
I thought we were gonna continue
to grow explosively,
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so I suggested,
"Why don't we try to go public?"
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ANDREESSEN: Barksdale and I
were less certain
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00:07:21,621 --> 00:07:23,831
and in fact, I was fairly adamant that...
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- Marc Andreessen.
- ANDREESSEN: What?
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00:07:26,190 --> 00:07:27,368
You're not Marc Andreesen.
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KARNA: Um... Yeah. I mean, yeah.
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00:07:30,454 --> 00:07:33,576
Hey everyone, I'm not
really Marc Andreessen.
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00:07:33,615 --> 00:07:35,809
Um, you know, my name's John Karna.
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00:07:35,834 --> 00:07:39,760
I'm the actor who you've been
watching playing Marc Andreessen,
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00:07:39,114 --> 00:07:42,740
but, um, yeah, I'm not him. [laughs]
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00:07:42,756 --> 00:07:44,873
The real Marc Andreessen
would probably rather munch
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00:07:44,929 --> 00:07:47,612
on a tasty snack of goat balls
and broken glass
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than reminisce about the good
old days at Netscape;
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00:07:50,378 --> 00:07:51,424
which is to say,
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00:07:51,455 --> 00:07:53,745
Marc is a very
forward-looking individual,
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00:07:53,799 --> 00:07:56,963
he's not a "those were the best
years of our lives" kinda guy.
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But I'm an actor; so I will
say pretty much anything.
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00:08:00,823 --> 00:08:02,190
Oh, and from here on out, you know what,
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00:08:02,214 --> 00:08:03,409
I'm just gonna try to stick to things
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00:08:03,448 --> 00:08:06,495
Marc Andreessen actually said or things
he would be likely enough to say
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00:08:06,558 --> 00:08:09,240
that he won't sue us.
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00:08:09,102 --> 00:08:11,976
BARKSDALE: Don't get me wrong,
I'm nothing but smiles over here,
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00:08:12,100 --> 00:08:15,775
I'm just not 100% sold on going public.
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00:08:15,800 --> 00:08:19,712
My old advice had always been,
a company had to show
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profitable results
for three years in a row
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00:08:22,234 --> 00:08:24,600
before you could consider an IPO.
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00:08:24,540 --> 00:08:27,301
The main thing is, I'm hearing a lot
of feelings and not a lot of facts.
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00:08:27,364 --> 00:08:31,670
CLARK: Let's let go of the reigns
here, let this sucker run.
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00:08:31,113 --> 00:08:33,541
Sales have doubled in a quarter.
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00:08:33,574 --> 00:08:35,344
Is that fact enough for you, Jim?
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00:08:35,385 --> 00:08:37,852
BARKSDALE: The company
was barely a year old.
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00:08:38,808 --> 00:08:40,180
Unheard of.
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00:08:40,430 --> 00:08:41,855
ANDREESSEN: It's just words,
but as of yet,
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00:08:41,899 --> 00:08:44,254
we haven't hit several
benchmarks for version 2.0.
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00:08:44,313 --> 00:08:46,209
And I'm guessing that matters, yes?
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00:08:46,264 --> 00:08:48,295
CLARK: Great. So we launch the IPO,
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00:08:48,319 --> 00:08:50,194
get a ton of capital to fund this thing
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00:08:50,247 --> 00:08:54,233
and then 2.0 makes 1.0 look
like a stone and chisel.
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00:08:55,684 --> 00:08:57,954
It gives us room, guys.
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00:08:57,987 --> 00:09:00,737
ANDREESSEN: And if Microsoft starts
bundling their browser with their PCs?
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00:09:00,762 --> 00:09:03,919
BARKSDALE: That would take a huge
bite out of our market share
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00:09:03,981 --> 00:09:05,678
before we're actually profitable.
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00:09:05,717 --> 00:09:07,647
A potentially fatal bite.
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00:09:11,691 --> 00:09:14,706
ANDREESEN: Okay, let me break it down
for you in the simplest of terms.
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00:09:14,752 --> 00:09:16,481
This is Jim Clark.
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00:09:16,552 --> 00:09:19,370
He dumped three million
dollars to start Netscape,
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00:09:19,424 --> 00:09:21,304
so he wants to take the company public,
199
00:09:21,339 --> 00:09:24,296
have an initial public offering
in order to make that money back
200
00:09:24,331 --> 00:09:27,891
as fast as possible so he can
buy himself a giant robot yacht.
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00:09:27,945 --> 00:09:31,157
This is Jim Barksdale, our CEO.
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00:09:31,216 --> 00:09:34,671
Jim is a very experienced businessman
from the non-tech world,
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00:09:34,696 --> 00:09:37,974
who knows how IPOs work and what
types of benchmarks you need to hit
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00:09:38,210 --> 00:09:39,459
before you go public.
205
00:09:39,521 --> 00:09:41,162
Jim understands systems,
206
00:09:41,186 --> 00:09:42,793
possibly better than
anyone else out there.
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00:09:42,794 --> 00:09:46,565
And he wanted to make sure the company
was set up for long term growth.
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00:09:46,597 --> 00:09:48,494
And he also said at one point,
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00:09:48,525 --> 00:09:50,838
"I made a promise
to take care of these people."
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00:09:51,370 --> 00:09:52,938
And then there's me.
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00:09:52,971 --> 00:09:54,506
Marc Andreessen.
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00:09:54,539 --> 00:09:56,319
I just wanna get back
to working on the product
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00:09:56,343 --> 00:09:59,645
because at the end of the day that's
really all that matters, right?
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00:09:59,844 --> 00:10:01,513
Is that clear enough for you?
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00:10:01,538 --> 00:10:03,348
CLARK: You're worried about facts?
216
00:10:03,381 --> 00:10:05,950
About market share? How's this?
217
00:10:05,983 --> 00:10:10,551
As we speak, 15 million
people are using the Internet.
218
00:10:10,621 --> 00:10:11,956
You know what that is?
219
00:10:11,990 --> 00:10:14,920
It's roughly half the
population of California.
220
00:10:14,126 --> 00:10:18,711
There are 5 billion
people on this planet.
221
00:10:19,166 --> 00:10:22,775
We've only scratched the
surface of buyers out there.
222
00:10:22,814 --> 00:10:25,877
Even with Microsoft entering
the arena we're still looking
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00:10:25,908 --> 00:10:29,200
at a majority percentage
of a growing market.
224
00:10:29,410 --> 00:10:33,287
The IPO gives us room
to expand and evolve.
225
00:10:33,361 --> 00:10:35,581
To stay ahead, not just keep up.
226
00:10:35,613 --> 00:10:37,242
So, damn, boys!
227
00:10:37,267 --> 00:10:40,553
Let's open this sucker up
and see what she can do!
228
00:10:43,663 --> 00:10:46,295
Okay. All in favor, say, "Aye."
229
00:10:56,540 --> 00:10:59,190
♪ Here we go, here we, here we go, uh ♪
230
00:11:01,242 --> 00:11:07,187
♪ ♪
231
00:11:07,256 --> 00:11:09,836
♪ Here we go ♪
232
00:11:12,256 --> 00:11:15,942
KRIZELMAN: We were two guys in our
twenties, and we would happily spend
233
00:11:15,996 --> 00:11:19,572
three hours chatting online
to people around the world.
234
00:11:19,597 --> 00:11:21,120
On a Friday night.
235
00:11:21,450 --> 00:11:22,577
PATERNOT: Take a couple loners like us
236
00:11:22,601 --> 00:11:25,140
who didn't have girlfriends
and you suddenly realize
237
00:11:25,610 --> 00:11:27,405
that you could be connected
to anyone in the world, family,
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00:11:27,439 --> 00:11:30,320
friends, potential girlfriends.
239
00:11:30,359 --> 00:11:35,883
So the way we consider it is this is
day one of an entirely new world.
240
00:11:36,319 --> 00:11:37,482
Here we are.
241
00:11:37,507 --> 00:11:39,404
KRIZELMAN: Welcome to our humble abode.
242
00:11:41,142 --> 00:11:42,888
Don't let looks fool you.
243
00:11:42,924 --> 00:11:46,161
We are cutting edge
on many technologies.
244
00:11:46,194 --> 00:11:48,395
Everyone, I wanna introduce you to Phil.
245
00:11:48,420 --> 00:11:49,398
PHILLIP: Phillip.
246
00:11:49,431 --> 00:11:51,532
KRIZELMAN: Phillip.
Phillip, this is everyone.
247
00:11:51,565 --> 00:11:53,535
Take a look around.
248
00:11:53,567 --> 00:11:55,770
PHILLIP: So you're running
Lotus on an IBM server.
249
00:11:55,796 --> 00:11:57,549
PATERNOT: Yes, we are, good eye.
250
00:11:57,582 --> 00:12:00,606
So, we can't pay you much.
251
00:12:00,644 --> 00:12:02,275
KRIZELMAN: Minimum wage, basically.
252
00:12:02,324 --> 00:12:04,668
PATERNOT: That, and the supply of pizza
while you work.
253
00:12:04,693 --> 00:12:05,746
PHILLIP: Pudgie's?
254
00:12:05,779 --> 00:12:07,488
- PATERNOT: Yeah, we could do Pudgie's.
- KRIZELMAN: Yeah, sure.
255
00:12:07,550 --> 00:12:10,394
PATERNOT: So you have
experience with HTML?
256
00:12:10,451 --> 00:12:12,119
- PHILLIP: Yeah.
- PATERNOT: Great.
257
00:12:12,152 --> 00:12:13,988
KRIZELMAN: Can you tell us
about some of your work?
258
00:12:14,220 --> 00:12:16,449
- PHILLIP: I could show you.
- PATERNOT: Oh, please.
259
00:12:16,509 --> 00:12:20,740
PHILLIP: This one had a hand in,
260
00:12:20,137 --> 00:12:22,238
mostly back end stuff.
261
00:12:23,141 --> 00:12:26,930
And this one was all me,
262
00:12:27,454 --> 00:12:29,240
front and back.
263
00:12:29,102 --> 00:12:30,604
PATERNOT: Is that a chat function?
264
00:12:30,637 --> 00:12:31,873
PHILLIP: Yes, it is.
265
00:12:31,906 --> 00:12:34,410
KRIZELMAN: Chat was not something
we had invented at all;
266
00:12:34,750 --> 00:12:35,732
it had been around for twenty years,
267
00:12:35,779 --> 00:12:37,685
but we made it way more graphical,
268
00:12:37,716 --> 00:12:39,388
where people were
chatting just with text.
269
00:12:39,413 --> 00:12:41,450
We were adding what would
now be called emojis.
270
00:12:41,483 --> 00:12:43,628
We did not call 'em emojis back them.
271
00:12:43,653 --> 00:12:46,731
We would have been calling
them icons or little graphics.
272
00:12:46,770 --> 00:12:49,723
And those things were so fun.
273
00:12:49,739 --> 00:12:51,559
PHILLIP: And I looked at
TheGlobe chat function
274
00:12:51,591 --> 00:12:52,942
and I already know
how to make it better.
275
00:12:52,975 --> 00:12:54,430
BOTH: How?
276
00:12:54,770 --> 00:12:57,152
PHILLIP: Bros, seriously? Pudgie's.
277
00:12:57,177 --> 00:12:58,548
[laughter]
278
00:12:58,748 --> 00:13:00,886
So what are you guys
trying to do with this?
279
00:13:00,911 --> 00:13:02,480
KRIZELMAN: Well you
mentioned the chat function,
280
00:13:02,505 --> 00:13:03,700
there are games you can play,
281
00:13:03,724 --> 00:13:04,777
- a classified section.
- PHILLIP: No.
282
00:13:04,802 --> 00:13:07,356
Bro, what are you trying to do?
283
00:13:07,435 --> 00:13:09,292
PATERNOT: We want to
bring people together.
284
00:13:09,325 --> 00:13:11,180
We want to build a
digital community through
285
00:13:11,204 --> 00:13:12,899
shared interests
from people all over the globe.
286
00:13:12,954 --> 00:13:16,117
An international social network
of users who can connect solely
287
00:13:16,172 --> 00:13:17,840
through their computers.
288
00:13:17,109 --> 00:13:18,781
KRIZELMAN: We want to
change the world, man.
289
00:13:18,841 --> 00:13:21,577
PATERNOT: We wanna
change the [bleep] world.
290
00:13:22,328 --> 00:13:26,650
KRIZELMAN: At the time, using computers
was considered anti-social.
291
00:13:26,573 --> 00:13:30,737
And so this idea that
we could be so social online
292
00:13:30,784 --> 00:13:32,612
really flew in the face of everything
293
00:13:32,659 --> 00:13:35,328
that you'd sort of been
raised to understand.
294
00:13:35,414 --> 00:13:37,562
PATERNOT: Let's make it
all about this site
295
00:13:37,586 --> 00:13:38,873
where people come,
296
00:13:38,898 --> 00:13:40,789
where they have a visible presence,
297
00:13:40,836 --> 00:13:43,627
where they can spend their time,
298
00:13:43,672 --> 00:13:46,635
express who they are to
each other, and...
299
00:13:47,212 --> 00:13:49,197
...just exist.
300
00:13:49,246 --> 00:13:51,511
Be somebody. Matter. Right?
301
00:13:51,558 --> 00:13:54,433
Create your own virtual family for life
302
00:13:54,457 --> 00:13:57,700
that can belong there and follow you
303
00:13:57,770 --> 00:14:00,647
and connect with you, um, and
you never feel alone again.
304
00:14:00,710 --> 00:14:03,757
- PHILLIP: Cool.
- PATERNOT: All right, so you in?
305
00:14:06,510 --> 00:14:08,246
PHILLIP: I like the
Molto-Multi-Meat-Madness.
306
00:14:08,293 --> 00:14:10,684
KRIZELMAN: I'm sorry, is that...
307
00:14:10,723 --> 00:14:11,894
PHILLIP: That's from Pudgie's.
308
00:14:11,921 --> 00:14:14,303
It's only two bucks
extra but totally worth it.
309
00:14:14,356 --> 00:14:16,159
- KRIZELMAN: Yeah! Cool.
- Can do.
310
00:14:16,183 --> 00:14:19,112
PATERNOT: All right, so, uh...
Monday, then?
311
00:14:19,137 --> 00:14:21,690
- KRIZELMAN: Monday.
- PHILLIP: Cool. Monday.
312
00:14:21,737 --> 00:14:23,924
Yeah. I'm in.
313
00:14:23,971 --> 00:14:25,650
KRIZELMAN: How we gonna pay for him?
314
00:14:25,960 --> 00:14:27,665
I mean, we can afford him for
what, three, maybe four weeks?
315
00:14:27,690 --> 00:14:28,971
PATERNOT: Right, so we need more money.
316
00:14:29,100 --> 00:14:30,560
I can make some calls.
317
00:14:30,890 --> 00:14:31,506
KRIZELMAN: We gotta think bigger, man.
318
00:14:31,540 --> 00:14:33,870
If the site keeps growing
at this current rate,
319
00:14:33,111 --> 00:14:34,476
we won't be able to keep it afloat
320
00:14:34,501 --> 00:14:35,944
with a few grand here and there.
321
00:14:35,969 --> 00:14:37,149
PATERNOT: Okay.
322
00:14:37,174 --> 00:14:38,229
We were always hearing about
323
00:14:38,254 --> 00:14:40,642
tens of thousands of new users
signing up every single day.
324
00:14:40,667 --> 00:14:42,175
So, we knew the revolution was on
325
00:14:42,199 --> 00:14:43,860
and whoever was gonna have
the most money
326
00:14:43,903 --> 00:14:47,700
and executed the fastest
was going to win.
327
00:14:47,110 --> 00:14:48,758
You're the one from Palo Alto.
328
00:14:48,790 --> 00:14:50,361
KRIZELMAN: You thinkin'
venture capitalists?
329
00:14:50,386 --> 00:14:52,461
PATERNOT: I read Netscape
raised $5 million
330
00:14:52,495 --> 00:14:54,128
from a 30-minute meeting
with Kleiner Perkins.
331
00:14:54,183 --> 00:14:56,745
We only need a fraction of that.
332
00:14:57,810 --> 00:15:00,810
KRIZELMAN: Okay.
My dad might know some people.
333
00:15:00,159 --> 00:15:02,468
PATERNOT: Your dad knows people
334
00:15:02,515 --> 00:15:05,365
at VC firms and it's just now coming up?
335
00:15:05,390 --> 00:15:07,911
- Jesus, Todd.
- KRIZELMAN: What?
336
00:15:12,226 --> 00:15:14,950
FENNE: Hi! I'm Michael Fenne.
337
00:15:14,127 --> 00:15:16,564
I'm Mike Fenne, super happy to meet you.
338
00:15:16,597 --> 00:15:17,642
[bleep]
339
00:15:17,667 --> 00:15:18,939
[roars]
340
00:15:18,994 --> 00:15:20,783
GOODIN: So Michael was coming
341
00:15:20,807 --> 00:15:23,728
from one of the more
impoverished parts...
342
00:15:23,798 --> 00:15:25,499
of the United States.
343
00:15:25,540 --> 00:15:28,242
It's in rural Virginia.
It's coal country.
344
00:15:28,275 --> 00:15:33,733
He was the son and the grandson
of preachers in Appalachia.
345
00:15:33,758 --> 00:15:35,516
He traveled across the country.
346
00:15:35,569 --> 00:15:39,629
And according to him, he encountered
a lot of hardships along the way.
347
00:15:39,654 --> 00:15:41,896
FENNE: Hi. I'm Michael Fenne.
348
00:15:41,943 --> 00:15:44,131
GOODIN: He said that at one point, um,
349
00:15:44,185 --> 00:15:47,768
during his journey he had
an abscess tooth that he...
350
00:15:47,822 --> 00:15:49,808
pulled out himself,
351
00:15:49,872 --> 00:15:53,461
after anesthetizing himself
with a bottle of Jack Daniels.
352
00:15:59,296 --> 00:16:01,827
Uh, he claims that he was, uh,
353
00:16:01,866 --> 00:16:04,764
you know, robbed at gunpoint
and stabbed in the chest.
354
00:16:04,835 --> 00:16:07,848
- TWEAKER: Hey, sir. Sir?
- FENNE: Yes?
355
00:16:07,881 --> 00:16:09,730
TWEAKER: Would it be possible
to get some money
356
00:16:09,754 --> 00:16:11,111
so I can take care of my family?
357
00:16:12,581 --> 00:16:14,101
FENNE: I don't have anything.
358
00:16:14,125 --> 00:16:17,760
- TWEAKER: Please, I think...
- FENNE: Hey, I said no.
359
00:16:17,101 --> 00:16:19,126
You need to take responsibility
for yourself
360
00:16:19,160 --> 00:16:21,180
and respect the Lord's plan for you.
361
00:16:21,237 --> 00:16:23,305
All right? God bless.
362
00:16:23,330 --> 00:16:26,315
- TWEAKER: Hey, sir.
- FENNE: What? Ow!
363
00:16:26,371 --> 00:16:27,839
Ow!
364
00:16:28,503 --> 00:16:30,947
[grunting]
365
00:16:32,790 --> 00:16:34,209
[scream]
366
00:16:41,620 --> 00:16:43,468
MCCARTNEY: The stories were just
so [bleep] outlandish
367
00:16:43,492 --> 00:16:45,770
that from, uh, you know, experience,
368
00:16:45,795 --> 00:16:48,896
talking to him, hard to say what
was real and what wasn't real.
369
00:16:49,730 --> 00:16:52,269
♪ I got locked up on a rope conviction ♪
370
00:16:52,339 --> 00:16:54,959
♪ Working in a coffee shop
I got myself knocked up ♪
371
00:16:55,200 --> 00:16:57,635
♪ You keep on knockin'
but you can't come up ♪
372
00:16:57,690 --> 00:16:59,347
♪ Can I get some? ♪
373
00:16:59,395 --> 00:17:01,197
♪ Bang the drum ♪
374
00:17:06,297 --> 00:17:09,203
♪ Windshield wipers
whether you like it or not ♪
375
00:17:09,273 --> 00:17:11,844
♪ I gotta get away but I
don't wanna lose the spot ♪
376
00:17:11,906 --> 00:17:13,969
♪ Don't be dumb, you're so dumb ♪
377
00:17:14,550 --> 00:17:16,528
♪ I wish I had love
You know I wanna get some ♪
378
00:17:16,590 --> 00:17:19,286
♪ I'll go to Philadelphia
That's where I fell for ya ♪
379
00:17:19,363 --> 00:17:22,198
♪ Blah, blah, blah, blah, blah,
blah, blah, blah ♪
380
00:17:22,268 --> 00:17:23,867
- ♪ Can I get some? ♪
- [whimpers]
381
00:17:23,954 --> 00:17:25,800
♪ Bang the drum ♪
382
00:17:31,912 --> 00:17:35,798
RULON-MILLER: Netscape changed in
a huge way that was positive
383
00:17:35,838 --> 00:17:37,000
when Jim Barksdale came in.
384
00:17:37,250 --> 00:17:39,494
I mean, he was the most significant
385
00:17:39,518 --> 00:17:43,690
and most successful and impressive
executive in the land.
386
00:17:43,128 --> 00:17:46,491
Mike Homer the Head of Marketing
who is now deceased sadly,
387
00:17:46,522 --> 00:17:49,413
and I had our classic
marketing-sales bang-bang,
388
00:17:49,438 --> 00:17:52,737
disagreements that sort of spread
throughout the company a little bit.
389
00:17:52,762 --> 00:17:55,400
And Jim called me in one
day and said, "Todd."
390
00:17:55,350 --> 00:17:57,605
BARKSDALE: Oh, Todd.
391
00:17:59,190 --> 00:18:00,786
Conference room.
392
00:18:01,730 --> 00:18:04,128
Michael, conference room.
393
00:18:04,153 --> 00:18:06,400
RULON-MILLER: He said,
"I hear you are not
394
00:18:06,280 --> 00:18:07,955
getting along with Mike Homer.
395
00:18:07,988 --> 00:18:10,598
I hear from a lot of people
you're having some fights
396
00:18:10,622 --> 00:18:12,661
and I don't think that's good business."
397
00:18:12,694 --> 00:18:15,819
BARKSDALE: Take a seat guys.
Here's the thing.
398
00:18:15,897 --> 00:18:19,922
Number one: when you come
across a snake, you kill it.
399
00:18:20,503 --> 00:18:21,813
You don't call your buddies,
400
00:18:21,860 --> 00:18:25,407
you don't form a team,
you don't put a meeting together,
401
00:18:25,441 --> 00:18:27,543
you just kill the snake, right?
402
00:18:27,576 --> 00:18:31,800
RULON-MILLER: Jim spoke in
aphorisms and uh, and storylines.
403
00:18:31,112 --> 00:18:33,570
And you had to listen thoughtfully
to say what's the message here.
404
00:18:33,602 --> 00:18:35,508
BARKSDALE: Number two,
405
00:18:36,700 --> 00:18:38,414
you don't go back
and play with a dead snake.
406
00:18:38,484 --> 00:18:40,475
- SIINO: A snake.
- HERNANDEZ: Don't play with dead snakes.
407
00:18:40,500 --> 00:18:42,616
LENZ: Kill the snake, don't call
your friends, kill the snake.
408
00:18:42,655 --> 00:18:43,679
RULON-MILLER: And what it meant was
409
00:18:43,710 --> 00:18:45,710
if you see an opportunity or a problem,
410
00:18:45,765 --> 00:18:49,930
solve it and finish it, and
don't go back and pick it up.
411
00:18:49,118 --> 00:18:51,485
I guess you've heard
there's a big problem here
412
00:18:51,510 --> 00:18:53,423
and it really hasn't been
gettin' any better.
413
00:18:53,448 --> 00:18:55,843
Mike's been really undercutting my
methodologies in the sales force.
414
00:18:55,868 --> 00:18:58,705
- Yeah, that's a buncha bull.
- BARKSDALE: Here's what's gonna happen.
415
00:18:58,737 --> 00:19:01,606
We're gonna get
together tomorrow, same time,
416
00:19:01,640 --> 00:19:05,550
and if you two still aren't getting
along, I'm gonna flip a coin.
417
00:19:05,940 --> 00:19:08,204
Now, heads, I fire Todd,
418
00:19:08,555 --> 00:19:10,228
tails I fire Mike.
419
00:19:10,282 --> 00:19:11,852
Sound good?
420
00:19:12,450 --> 00:19:14,120
RULON-MILLER: Yeah.
421
00:19:14,152 --> 00:19:16,661
BARKSDALE: Cool, all right.
422
00:19:16,740 --> 00:19:18,349
Good talk.
423
00:19:18,390 --> 00:19:20,833
RULON-MILLER: And my
body went white and I said,
424
00:19:20,872 --> 00:19:23,482
"Oh my God, I better
solve this problem."
425
00:19:23,528 --> 00:19:26,633
So a week later Mike Homer and I
are getting along really well.
426
00:19:26,732 --> 00:19:31,727
BARKSDALE: Number three, all opportunities
start out looking like snakes.
427
00:19:36,108 --> 00:19:38,664
- There he is!
- Over here.
428
00:19:38,712 --> 00:19:40,344
Good to see ya, how ya been?
429
00:19:40,391 --> 00:19:42,660
Good to see ya, how are ya?
430
00:19:43,181 --> 00:19:47,374
DAD: So I heard back from my buddy
today at Kleiner Perkins...
431
00:19:47,444 --> 00:19:49,870
he's willing to sit down with you.
432
00:19:49,123 --> 00:19:51,930
- Excellent! Thank you, Dad.
- PATERNOT: Wow, okay.
433
00:19:51,118 --> 00:19:52,691
- That's amazing, Mr. K.
- DAD: We're talking about
434
00:19:52,725 --> 00:19:55,368
a very smart guy
at a very prestigious company.
435
00:19:55,400 --> 00:19:57,187
He hears lots of ideas.
436
00:19:57,212 --> 00:20:00,330
So how about you run this
by me and we go from there?
437
00:20:03,480 --> 00:20:05,172
KRIZELMAN: It's gonna be huge.
438
00:20:07,570 --> 00:20:09,550
That's your pitch? It's gonna be huge?
439
00:20:09,579 --> 00:20:10,859
PATERNOT: We... We have other...
440
00:20:10,883 --> 00:20:12,680
we have other stuff
that we put together.
441
00:20:12,681 --> 00:20:15,930
KRIZELMAN: Yeah, we have a
whole like package and, uh...
442
00:20:17,352 --> 00:20:19,326
DAD: Go ahead.
443
00:20:19,388 --> 00:20:21,428
KRIZELMAN: Okay, yeah, so...
444
00:20:21,452 --> 00:20:23,662
Steph and I have developed
these functionalities
445
00:20:23,693 --> 00:20:24,928
that are unique to the site,
446
00:20:24,952 --> 00:20:27,419
like the gaming platform
and registration program.
447
00:20:27,444 --> 00:20:30,185
But what we're really trying
to get these guys to invest in
448
00:20:30,209 --> 00:20:31,526
is our growing user base.
449
00:20:31,551 --> 00:20:33,898
PATERNOT: Our community is growing
exponentially every month.
450
00:20:33,922 --> 00:20:37,550
If someone were able to tap into
that market, it would be huge.
451
00:20:38,291 --> 00:20:39,820
- DAD: Why?
- PATERNOT: Revenue.
452
00:20:39,845 --> 00:20:41,797
Possible subscription fee.
Your advertisements.
453
00:20:41,822 --> 00:20:43,189
- DAD: Ads?
- PATERNOT: Oh, yeah.
454
00:20:43,213 --> 00:20:44,333
- DAD: On the Internet?
- KRIZELMAN: Dad.
455
00:20:44,358 --> 00:20:45,888
DAD: Do enough people even go there?
456
00:20:45,913 --> 00:20:48,317
- It seems like a bunch of geeky kids.
- [laughter]
457
00:20:48,342 --> 00:20:51,316
KRIZELMAN: Dad, Netscape Navigator
has approximately 10 million users.
458
00:20:51,341 --> 00:20:52,816
That number is growing daily.
459
00:20:52,841 --> 00:20:54,925
Supposedly, 2.0, their next version,
460
00:20:54,950 --> 00:20:57,420
will have enhanced graphic capabilities.
461
00:20:57,670 --> 00:20:58,684
I mean, that means essentially
462
00:20:58,708 --> 00:21:00,682
you could sell billboards
on your website.
463
00:21:00,707 --> 00:21:02,637
I mean, that would change the game.
464
00:21:02,679 --> 00:21:03,948
DAD: Hm. [sighs]
465
00:21:03,973 --> 00:21:05,231
Okay.
466
00:21:05,255 --> 00:21:07,600
I mean, still sounds a little generic.
467
00:21:09,348 --> 00:21:11,384
But it does have definite promise.
468
00:21:12,261 --> 00:21:14,173
Now you just have to focus your pitch
469
00:21:14,197 --> 00:21:16,892
so it's utterly specific
to your product.
470
00:21:17,107 --> 00:21:18,158
PATERNOT: We can do that.
471
00:21:18,222 --> 00:21:20,111
- We can do that.
- KRIZELMAN: Yeah, we can do that.
472
00:21:20,548 --> 00:21:21,650
And?
473
00:21:22,142 --> 00:21:25,873
PATERNOT: And we think it really
comes down to TheGlobe.com
474
00:21:25,912 --> 00:21:28,245
creating a massive worldwide community.
475
00:21:28,279 --> 00:21:29,623
Imagine the possibilities
476
00:21:29,669 --> 00:21:31,826
once we're able to monetize
that community and tap
477
00:21:31,857 --> 00:21:33,118
into its diverse markets.
478
00:21:33,150 --> 00:21:36,150
KRIZELMAN: It could
truly connect the world.
479
00:21:36,400 --> 00:21:39,123
So it's just the website, correct?
There's no software?
480
00:21:39,157 --> 00:21:41,617
BOTH: Correct, yeah,
everything is web based.
481
00:21:41,642 --> 00:21:43,531
Okay. But how are you making money?
482
00:21:43,556 --> 00:21:45,700
PATERNOT: At the moment we're focused on
483
00:21:45,310 --> 00:21:46,772
continuing to build
our current user base.
484
00:21:46,797 --> 00:21:48,278
And it's free to register?
485
00:21:48,303 --> 00:21:51,500
KRIZELMAN: Yes, but imagine if
you could start putting ads in...
486
00:21:51,750 --> 00:21:52,753
I thought your chat function
was quite impressive.
487
00:21:52,778 --> 00:21:55,143
PATERNOT: Thank you, it's essential
to connecting our users and.
488
00:21:55,168 --> 00:21:56,542
Have you thought about licensing it out?
489
00:21:56,567 --> 00:21:59,310
PATERNOT: We haven't. We like that
it's a unique draw for the site.
490
00:21:59,560 --> 00:22:00,990
What about licensing the
registration function?
491
00:22:01,240 --> 00:22:02,671
KRIZELMAN: We're trying to think
a little more "big picture."
492
00:22:02,696 --> 00:22:04,345
And you've built these
chat and registration
493
00:22:04,369 --> 00:22:06,539
- functionalities from scratch?
- PATERNOT: Yes, we have.
494
00:22:06,564 --> 00:22:08,424
And we have a great team working
on new developments as well.
495
00:22:08,455 --> 00:22:11,335
Well the site is impressive.
And the numbers are promising.
496
00:22:11,367 --> 00:22:13,636
I'll look over your
business model be in touch.
497
00:22:13,695 --> 00:22:14,852
Thank you both.
498
00:22:17,172 --> 00:22:20,711
KRIZELMAN: You had so much convincing
to do to get to what you were
499
00:22:20,773 --> 00:22:23,130
actually trying to convey,
it was very hard.
500
00:22:23,155 --> 00:22:24,990
PATERNOT: There was this
thing called the Internet.
501
00:22:26,278 --> 00:22:27,247
The Internet.
502
00:22:27,279 --> 00:22:29,137
KRIZELMAN: Isn't AOL
already doing the Internet?
503
00:22:29,162 --> 00:22:30,653
PATERNOT: It's also
called the World Wide Web.
504
00:22:30,694 --> 00:22:31,710
KRIZELMAN: It doesn't ring a bell.
505
00:22:31,735 --> 00:22:33,999
PATERNOT: Okay, well there's this
alternative world
506
00:22:34,460 --> 00:22:37,706
that's starting up and
anyone in the world can access it.
507
00:22:37,754 --> 00:22:39,606
Has anyone talked to you about
508
00:22:39,630 --> 00:22:42,280
licensing out
your registration software?
509
00:22:42,670 --> 00:22:45,470
Let's talk more about these
tools that you're developing.
510
00:22:45,790 --> 00:22:46,469
The company is based out of where?
511
00:22:46,516 --> 00:22:49,540
This is very interesting,
we'll definitely get back to you.
512
00:22:49,790 --> 00:22:51,540
This is a lot to think about,
we'll definitely look it over.
513
00:22:56,139 --> 00:22:58,193
BARKSDALE: Once a company
decides to go public
514
00:22:58,217 --> 00:23:00,748
they go on what is called a "road show."
515
00:23:00,773 --> 00:23:02,448
Essentially you and your team
travel around
516
00:23:02,487 --> 00:23:04,391
to different investment firms,
517
00:23:04,422 --> 00:23:06,774
informing their analysts
about your company
518
00:23:06,806 --> 00:23:08,874
and sharing details
about your business model,
519
00:23:08,899 --> 00:23:12,114
and the hope that they'll
buy a large amount of stock.
520
00:23:13,325 --> 00:23:17,996
[inaudible singing]
521
00:23:19,286 --> 00:23:21,225
BARKSDALE: See, that feels
over the top to me.
522
00:23:21,271 --> 00:23:24,646
It's a dot-com road show,
it's not a Lady Gaga video.
523
00:23:25,236 --> 00:23:26,671
Anyway, yeah.
524
00:23:26,705 --> 00:23:29,542
Dozens of meetings
within a matter of weeks.
525
00:23:29,585 --> 00:23:33,328
It's grueling, but it's a
necessary part of the process
526
00:23:33,374 --> 00:23:35,170
and it helps you not only
527
00:23:35,500 --> 00:23:36,557
share aspects of your business,
528
00:23:36,581 --> 00:23:39,340
but it allows you
to gauge the investment
529
00:23:39,830 --> 00:23:42,274
industry's genuine
interest in your company.
530
00:23:42,422 --> 00:23:43,742
CLARK: We had to do a
little song and dance.
531
00:23:43,767 --> 00:23:46,624
It was really just selling the future,
532
00:23:46,657 --> 00:23:50,300
selling the prospect that this was
533
00:23:50,116 --> 00:23:52,647
a new era that we are blowing open.
534
00:23:52,678 --> 00:23:58,504
BARKSDALE: Honestly, I find the
whole process just really fun.
535
00:23:58,814 --> 00:24:01,800
ANDREESSEN: Those meetings
were my own personal hell.
536
00:24:02,241 --> 00:24:04,570
Who exactly are we talking to?
537
00:24:04,960 --> 00:24:06,854
CLARK: Oh, four to six analysts.
No big deal.
538
00:24:06,900 --> 00:24:09,429
We'll give 'em our pitch
promoting our IPO,
539
00:24:09,461 --> 00:24:10,690
then take some questions.
540
00:24:10,715 --> 00:24:13,540
BARKSDALE: Just relax, be yourself,
541
00:24:13,780 --> 00:24:14,381
rest in the knowledge that you have
542
00:24:14,406 --> 00:24:17,255
the best product to hit
the market in 20 years.
543
00:24:17,289 --> 00:24:22,175
Main thing is, if what you have
is real, you don't need BS.
544
00:24:22,261 --> 00:24:24,864
ANDREESSEN: Barksdale always
talks about "The Main Thing."
545
00:24:24,897 --> 00:24:26,159
He even once said...
546
00:24:26,202 --> 00:24:29,713
BARKSDALE: The main thing is the
Main Thing is always the main thing.
547
00:24:31,438 --> 00:24:32,774
Here, let me have a look.
548
00:24:32,836 --> 00:24:34,950
CLARK: How come you coder guys
549
00:24:34,134 --> 00:24:36,345
always look like your mothers
still dress you?
550
00:24:37,420 --> 00:24:39,478
ANDREESSEN: See? Hell.
551
00:24:40,395 --> 00:24:43,134
BARKSDALE: Okay, uh... My goodness.
552
00:24:43,215 --> 00:24:45,815
Thank you for having us,
553
00:24:45,839 --> 00:24:49,739
and thank you for inviting
the entire world.
554
00:24:49,788 --> 00:24:51,624
[laughter]
555
00:24:51,657 --> 00:24:54,347
ANDREESSEN: "Four to six?"
"No big deal?"
556
00:24:54,372 --> 00:24:55,513
Was that four or six?
557
00:24:55,552 --> 00:24:57,662
Half the company was in that room!
558
00:24:58,752 --> 00:25:02,533
CLARK: Gentlemen, shy of a
handie from the CEO himself,
559
00:25:02,578 --> 00:25:05,470
that could not have gone better.
560
00:25:05,536 --> 00:25:08,140
BARKSDALE: Not to piss on
your marshmallow roast, Jim.
561
00:25:08,171 --> 00:25:10,429
CLARK: Jesus, Barksdale. What?
562
00:25:10,483 --> 00:25:12,796
BARKSDALE: I'm just pointing out
that the fact that those analysts
563
00:25:12,821 --> 00:25:14,155
did us a hell of a favor
564
00:25:14,179 --> 00:25:15,765
with some of those questions
they we're asking.
565
00:25:15,812 --> 00:25:18,582
ANDREESSEN: Yep. They really have
zero concept of what Netscape is.
566
00:25:18,607 --> 00:25:20,621
BARKSDALE: They don't even
know what the Internet is.
567
00:25:20,646 --> 00:25:23,144
ANDREESSEN: They don't even know
the Internet is the Internet.
568
00:25:24,220 --> 00:25:25,657
BARKSDALE: They don't.
569
00:25:25,697 --> 00:25:27,798
ANDREESSEN: What?
570
00:25:27,860 --> 00:25:30,173
What? It's true.
571
00:25:44,878 --> 00:25:53,979
♪ When the swallows
come back to Capistrano ♪
572
00:25:55,960 --> 00:26:00,340
♪ That's the day you
promised to come back to me ♪
573
00:26:00,730 --> 00:26:02,976
GOODIN: There was something
really disarming and charismatic
574
00:26:03,150 --> 00:26:04,297
about Michael Fenne.
575
00:26:05,741 --> 00:26:08,302
He seemed so gentle,
576
00:26:08,357 --> 00:26:10,730
and he had these,
you know, beautiful blue eyes
577
00:26:10,802 --> 00:26:13,419
and this cherubic face...
578
00:26:14,181 --> 00:26:16,920
and soft-spoken voice
579
00:26:16,975 --> 00:26:21,241
with a kind of Appalachian
drawl or cadence.
580
00:26:21,319 --> 00:26:25,127
FENNE: Hi, I'm Michael Fenne.
What a pleasure.
581
00:26:25,152 --> 00:26:29,750
GOODIN: Michael knew the Bible
well and he was constantly using
582
00:26:29,106 --> 00:26:33,755
Christianity and the bible in a
way to try to get people's trust,
583
00:26:33,802 --> 00:26:36,488
and, you know, almost always, um,
584
00:26:36,544 --> 00:26:38,613
in a way to cast himself
585
00:26:38,637 --> 00:26:42,580
as the hero in so many of these,
uh, kind of biblical,
586
00:26:42,890 --> 00:26:43,244
you know, proverbs.
587
00:26:43,277 --> 00:26:45,322
And there was something about the way
588
00:26:45,369 --> 00:26:48,111
he came across that was very likeable.
589
00:26:50,567 --> 00:26:54,603
♪ The chapel choir will sing ♪
590
00:26:54,662 --> 00:26:57,800
PASTOR: Welcome.
Please, find a seat and we'll begin.
591
00:26:57,877 --> 00:27:02,389
Ya'll might want to schooch in
down front, I won't bite you.
592
00:27:04,474 --> 00:27:06,692
Please bow your heads.
593
00:27:08,216 --> 00:27:10,739
BETHANY: It's like,
restock your inventory,
594
00:27:10,763 --> 00:27:11,841
do you know what I mean?
595
00:27:11,880 --> 00:27:14,216
Excuse me.
I'm just gonna be a minute here.
596
00:27:14,255 --> 00:27:17,790
Hey there. Are you new to town?
597
00:27:17,112 --> 00:27:19,149
FENNE: I sure am.
I just got here yesterday.
598
00:27:19,174 --> 00:27:20,631
So, I'm brand new!
599
00:27:20,656 --> 00:27:23,619
BETHANY: Ah, well, we are so
happy to have you here
600
00:27:23,651 --> 00:27:25,480
at the South Coast Christian Assembly.
601
00:27:25,720 --> 00:27:27,313
- I'm Bethany.
- FENNE: Hello, Bethany.
602
00:27:27,376 --> 00:27:29,149
I'm Mike Fenne. What a pleasure!
603
00:27:29,212 --> 00:27:31,267
BETHANY: It's so nice to see
a fresh face around here.
604
00:27:31,292 --> 00:27:32,863
It gets a little old talkin'
to the same folks
605
00:27:32,887 --> 00:27:34,957
every Sunday to tell you the truth.
606
00:27:36,600 --> 00:27:37,426
FENNE: Is that right, Bethany?
607
00:27:37,470 --> 00:27:41,800
BETHANY: Yes it is, Mr. Mike Fenne.
608
00:27:41,623 --> 00:27:43,691
Do you wanna get a coffee?
609
00:27:43,771 --> 00:27:45,660
- FENNE: Yeah, that'd be nice.
- BETHANY: Okay.
610
00:27:45,699 --> 00:27:48,433
FENNE: The service was
absolutely wonderful.
611
00:27:48,477 --> 00:27:50,402
BETHANY: Well, you
caught us on a good week.
612
00:27:50,441 --> 00:27:52,619
Um, how're you liking
San Juan Capistrano?
613
00:27:52,644 --> 00:27:53,713
You getting settled all right?
614
00:27:53,738 --> 00:27:55,283
I know everybody
in this godforsaken town,
615
00:27:55,330 --> 00:27:57,783
so if you need anything,
just say the word.
616
00:27:57,808 --> 00:27:59,103
FENNE: That is so sweet.
617
00:27:59,142 --> 00:28:02,833
I am actually looking for some
really basic office space.
618
00:28:02,865 --> 00:28:04,990
BETHANY: Well, I know just the person.
619
00:28:04,124 --> 00:28:06,228
You have got to talk to Dave.
620
00:28:06,260 --> 00:28:08,363
Um, let me just see if he's busy.
621
00:28:08,395 --> 00:28:10,728
- One sec, okay?
- FENNE: Okay.
622
00:28:10,791 --> 00:28:12,760
GOODIN: I have a letter that is part
623
00:28:12,799 --> 00:28:15,170
of his permanent court record
624
00:28:15,690 --> 00:28:19,659
to his third wife shortly
after he fled Wise, Virginia.
625
00:28:19,708 --> 00:28:22,557
He says things like, you know,
God has blessed me
626
00:28:22,581 --> 00:28:25,854
with a unique ability to defy reality.
627
00:28:27,339 --> 00:28:29,151
FENNE: And now an interpretive dance
628
00:28:29,198 --> 00:28:30,628
choreographed by Paul Becker
629
00:28:30,675 --> 00:28:34,346
based on a real letter
that I wrote to my ex-wife.
630
00:28:36,394 --> 00:28:37,885
[clears throat]
631
00:28:42,960 --> 00:28:44,481
I want you to know in advance
of reading this
632
00:28:44,536 --> 00:28:47,606
that I am taking this
one and only opportunity
633
00:28:47,653 --> 00:28:49,745
to vent my feelings to you.
634
00:28:49,770 --> 00:28:52,390
Yes, there is great anger in me.
635
00:28:52,730 --> 00:28:54,976
But please bear with me
and read the entire letter.
636
00:28:55,800 --> 00:28:58,460
God has given me a new
life to start over with.
637
00:28:58,780 --> 00:29:01,115
GOODIN: God has given me a
new life to start over with.
638
00:29:01,149 --> 00:29:02,876
FENNE: And the sum total of my heart
639
00:29:02,900 --> 00:29:05,611
is joyous for the most precious gift.
640
00:29:05,665 --> 00:29:09,257
If you have not filed for an
annulment yet, please do so.
641
00:29:09,289 --> 00:29:11,880
GOODIN: I will be singing
and playing and taking
642
00:29:11,904 --> 00:29:14,404
a true love with me to all the places
643
00:29:14,450 --> 00:29:17,693
you will only be able
to think about in your head.
644
00:29:17,732 --> 00:29:21,527
I will live then and recover totally
from the fatal wound
645
00:29:21,598 --> 00:29:24,465
that you gave and rise like the Phoenix.
646
00:29:24,490 --> 00:29:27,441
FENNE: My life without you
has been a living hell.
647
00:29:27,475 --> 00:29:29,653
A hell you sent me into.
648
00:29:29,716 --> 00:29:33,755
I never ever want to hurt
like that ever again.
649
00:29:33,833 --> 00:29:35,965
Forgiving you, and moving on
650
00:29:36,200 --> 00:29:38,512
is part of the necessary
healing journey.
651
00:29:38,590 --> 00:29:41,262
To put you fully out of my mind forever
652
00:29:41,356 --> 00:29:44,543
I have to forgive you completely first.
653
00:29:56,203 --> 00:29:58,441
BARKSDALE: I've been up since 4:00am.
654
00:29:58,972 --> 00:30:01,656
CLARK: I got you beat
by an hour and a half.
655
00:30:02,352 --> 00:30:03,602
BARKSDALE: Everything good to go?
656
00:30:03,649 --> 00:30:06,414
CLARK: Mm. Don't know.
657
00:30:06,480 --> 00:30:08,713
I got a call from Mary last night,
658
00:30:08,737 --> 00:30:10,500
couldn't get her on the phone.
659
00:30:10,720 --> 00:30:12,554
Something about the stock price.
660
00:30:12,586 --> 00:30:16,320
ROSENSWEIG: If you could get the
endorsement of Mary Meeker,
661
00:30:16,570 --> 00:30:18,860
it was like printing money.
662
00:30:18,111 --> 00:30:20,476
She was a successful
analyst before the Internet.
663
00:30:20,521 --> 00:30:22,890
BARKSDALE: She thinks $28 is too high?
664
00:30:22,915 --> 00:30:24,335
CLARK: I don't know.
665
00:30:24,380 --> 00:30:26,770
BARKSDALE: Too low?
666
00:30:26,133 --> 00:30:27,524
CLARK: I...
667
00:30:27,602 --> 00:30:29,390
Don't...
668
00:30:29,136 --> 00:30:30,985
Know.
669
00:30:31,720 --> 00:30:33,430
Go get a bagel and coffee. Just relax.
670
00:30:33,492 --> 00:30:35,563
BARKSDALE: I've got the runs.
671
00:30:42,125 --> 00:30:43,852
DARRIN: Hey. Psst.
672
00:30:43,884 --> 00:30:46,188
One word: Netscape.
673
00:30:46,220 --> 00:30:49,356
STEVE: "Here today and
gone later today."
674
00:30:49,390 --> 00:30:50,959
David Lee Roth said that.
675
00:30:50,991 --> 00:30:53,905
DARRIN: Really? I mean,
it looks pretty good to me.
676
00:30:55,790 --> 00:30:57,123
STEVE: The last scene
of Dr. Strangelove?
677
00:30:58,226 --> 00:31:02,240
"Waaa-hooo." Booooooom?
678
00:31:07,307 --> 00:31:10,144
This is who's playing with your
nest egg over at NASDAQ, folks.
679
00:31:10,178 --> 00:31:11,920
Twenty-five year-olds
right out of college;
680
00:31:11,945 --> 00:31:14,786
who think that investing in a company
that hasn't even turned a profit
681
00:31:14,826 --> 00:31:15,951
is a good idea.
682
00:31:15,976 --> 00:31:18,853
DARRIN: Netscape owns 75%
of a fledgling market share,
683
00:31:18,886 --> 00:31:19,935
ladies and gentlemen.
684
00:31:19,960 --> 00:31:21,455
75%.
685
00:31:21,521 --> 00:31:24,325
That tells me they own the new frontier.
686
00:31:24,359 --> 00:31:27,896
You think the Internet is going
away, then you're my grandfather.
687
00:31:27,929 --> 00:31:29,998
STEVE: Anyone who gives
their product away for free
688
00:31:30,230 --> 00:31:32,320
isn't running a sound business model.
689
00:31:32,650 --> 00:31:34,935
You want my client's
hard-earned shekels?
690
00:31:34,960 --> 00:31:37,739
Turn a profit for
three quarters at least,
691
00:31:37,795 --> 00:31:39,390
then, you have my blessing.
692
00:31:39,440 --> 00:31:42,609
- Go public.
- DARRIN: We invest, they expand,
693
00:31:42,648 --> 00:31:44,390
the stock price soars
694
00:31:44,414 --> 00:31:47,281
and you get to retire
to Vero Beach early.
695
00:31:47,306 --> 00:31:48,409
You're welcome.
696
00:31:48,434 --> 00:31:50,500
STEVE: Have you been to Vero Beach?
697
00:31:50,840 --> 00:31:52,919
CLARK: At that particular time
Mary Meeker
698
00:31:52,975 --> 00:31:56,827
was the primary technology analyst
for Morgan Stanley,
699
00:31:56,876 --> 00:32:01,397
so her job was to be able to articulate
700
00:32:01,483 --> 00:32:04,897
to the investor customer
what we were about.
701
00:32:04,936 --> 00:32:06,241
7:00 a.m.
702
00:32:06,298 --> 00:32:08,898
NASDAQ is pumping.
Why don't we have a price?
703
00:32:08,923 --> 00:32:10,726
[phone rings]
704
00:32:10,765 --> 00:32:13,131
- WOMAN [over phone]: Morgan Stanley.
- Mary Meeker's desk, please.
705
00:32:13,788 --> 00:32:15,100
MARY: Yeah?
706
00:32:15,430 --> 00:32:17,116
BARKSDALE: Mary,
Jim Barksdale, Netscape.
707
00:32:17,163 --> 00:32:19,849
Uh, we're just a little concerned.
It's 10:00 a.m. over there.
708
00:32:19,874 --> 00:32:21,716
And we haven't started trading yet.
709
00:32:21,748 --> 00:32:23,917
MARY: Yeah, well,
they can't open the stock
710
00:32:23,941 --> 00:32:25,488
because they can't price the stock.
711
00:32:25,513 --> 00:32:27,995
CLARK: What? Why?
712
00:32:28,340 --> 00:32:31,558
- MARY: Because retail interest is high?
- BARKSDALE: How high?
713
00:32:31,592 --> 00:32:33,936
MARY: Well, dial Charles Schwab.
714
00:32:34,356 --> 00:32:35,686
Do it now.
715
00:32:35,752 --> 00:32:39,560
BARKSDALE: I got it, I got it,
I got it, I got it. Hang on.
716
00:32:39,537 --> 00:32:41,720
[busy tone]
717
00:32:41,970 --> 00:32:43,770
MARY: There we go, fellas.
718
00:32:43,109 --> 00:32:45,494
- [over phone]: Welcome to Charles Schwab.
- MARY: Fellas?
719
00:32:45,549 --> 00:32:48,410
VOICE [over phone]: If you're interested
in the Netscape IPO, press 1.
720
00:32:48,960 --> 00:32:49,750
For all other inquiries, press 2.
721
00:32:49,806 --> 00:32:52,384
MARY: Wait.
Did they just put me on hold?
722
00:32:52,479 --> 00:32:54,672
CLARK: Mary, what does it mean...?
723
00:32:54,718 --> 00:32:56,610
MARY: A, never put me on hold.
724
00:32:56,660 --> 00:32:59,430
B, refresh your page.
725
00:33:06,590 --> 00:33:08,891
CLARK: $71?
726
00:33:09,306 --> 00:33:11,243
BARKSDALE: $71 a share!
727
00:33:11,294 --> 00:33:13,336
Are you kidding me?
728
00:33:14,560 --> 00:33:16,629
CLARK: $71!
729
00:33:16,696 --> 00:33:18,941
- [cheers]
- MARY: You're welcome.
730
00:33:21,420 --> 00:33:22,905
- CLARK: Yeah, give me some of that.
- No, no, no, no.
731
00:33:22,975 --> 00:33:24,741
BARKSDALE: Stop it. All right.
732
00:33:24,796 --> 00:33:27,540
Take it down. Take it down, buddy.
733
00:33:27,108 --> 00:33:30,844
Take it down, take it down.
Take it down.
734
00:33:32,850 --> 00:33:34,134
CLARK: A little bit of
my own ego, I suppose,
735
00:33:34,159 --> 00:33:37,487
but when I started Silicon Graphics,
my first company,
736
00:33:37,550 --> 00:33:40,347
in those days,
people all thought I was lucky.
737
00:33:41,153 --> 00:33:44,196
So, I had a bit of an
ego issue with that,
738
00:33:44,262 --> 00:33:46,860
I wanted to prove
that I wasn't just lucky.
739
00:33:46,160 --> 00:33:49,192
Whoooo!
740
00:33:49,217 --> 00:33:51,500
Netscape managed to prove that.
741
00:33:51,510 --> 00:33:54,771
HUFFINGTON: The Netscape
IPO changed everything.
742
00:33:54,825 --> 00:33:58,760
You don't have to have
4 quarters of a profit.
743
00:33:58,709 --> 00:34:02,748
You just have to have an amazing
product, a great story,
744
00:34:02,810 --> 00:34:06,933
and a rock star founder and you're set.
745
00:34:13,900 --> 00:34:15,556
ANDREESSEN: Okay.
746
00:34:19,567 --> 00:34:21,189
Yeah!
747
00:34:21,236 --> 00:34:23,321
- [cheering]
- BARKSDALE: Way to go. Way to go.
748
00:34:23,376 --> 00:34:24,612
Get back to work.
749
00:34:24,667 --> 00:34:26,362
Anybody seen Marc?
750
00:34:26,823 --> 00:34:28,400
Anybody?
751
00:34:36,390 --> 00:34:37,977
STEVE: Goldman Sachs, this is Steve.
752
00:34:38,380 --> 00:34:40,492
DARRIN: Netscape? Sure thing.
753
00:34:40,531 --> 00:34:42,702
STEVE: Thank you.
What's your middle name? Thank you.
754
00:34:42,739 --> 00:34:45,117
Netscape, yes, how many shares?
755
00:34:45,171 --> 00:34:47,171
DARRIN: 100 shares, you got it Mr...
756
00:34:47,235 --> 00:34:49,249
STEVE: Yes, ma'am. You're good to go.
757
00:34:50,379 --> 00:34:51,671
DARRIN: Whoo.
758
00:34:51,718 --> 00:34:53,380
Guess David Lee Roth
should be putting cash down
759
00:34:53,435 --> 00:34:55,224
on that condo in Vero any time now.
760
00:34:55,282 --> 00:34:56,810
STEVE: Wait, is it just us, or...?
761
00:34:56,880 --> 00:34:57,880
DARRIN: Netscape?
762
00:34:57,929 --> 00:35:01,210
50 shares? You got it Mr. Robertson.
763
00:35:01,460 --> 00:35:02,841
Smith Barney. Netscape?
764
00:35:02,904 --> 00:35:05,630
Yup. Can I get your name?
765
00:35:06,747 --> 00:35:09,520
Bro, did I not totally call
it with this Netscape run?
766
00:35:09,583 --> 00:35:11,420
- Yes.
- DARRIN: Yo!
767
00:35:11,466 --> 00:35:12,726
Let me ask you something,
768
00:35:12,764 --> 00:35:15,887
is it hard being so unbearably handsome?
769
00:35:15,955 --> 00:35:18,215
Yeah, it's exhausting. You?
770
00:35:18,270 --> 00:35:20,270
DARRIN: Mm. You have no idea.
771
00:35:20,341 --> 00:35:21,910
Gotta beat em off with a stick.
772
00:35:21,942 --> 00:35:22,944
I bet.
773
00:35:22,977 --> 00:35:25,530
MARY: Yeah, it's a nice jump.
I'm okay with it.
774
00:35:25,108 --> 00:35:26,866
Happy people at Netscape today.
775
00:35:26,922 --> 00:35:29,217
Thanks, Andy.
I'll circle back before we close.
776
00:35:29,951 --> 00:35:32,817
Erin, get me Barry at Charles
Schwab on the line, please.
777
00:35:32,895 --> 00:35:35,505
REPORTER [over TV]: At the end of day
one, Netscape had a market value
778
00:35:35,561 --> 00:35:37,960
of more than $2 billion.
779
00:35:37,137 --> 00:35:38,989
Investors close to Morgan Stanley,
780
00:35:39,130 --> 00:35:42,145
which managed the public offering,
got shares for $28.
781
00:35:42,207 --> 00:35:44,263
Analysts say they probably
sold most of them
782
00:35:44,287 --> 00:35:47,364
after the stock opened at more than
$70 and crept higher.
783
00:35:47,436 --> 00:35:49,218
Everybody else jumped in.
784
00:35:49,291 --> 00:35:53,475
The entire 5 million share offering
turned over nearly three times.
785
00:35:53,507 --> 00:35:55,488
MARY: Sure, you want
your first day to go well,
786
00:35:55,512 --> 00:35:57,129
but the truth is, it doesn't matter.
787
00:35:57,190 --> 00:35:59,493
What matters is if you
can keep that price up.
788
00:35:59,559 --> 00:36:02,884
REPORTER [over TV]: Even at the
closing price of $58, 25 cents,
789
00:36:02,931 --> 00:36:06,790
some analysts estimate Netscape's
price earnings ratio next year
790
00:36:06,822 --> 00:36:09,501
could be an astonishing 970 to 1.
791
00:36:09,564 --> 00:36:11,926
MARY: Netscape had that stability.
792
00:36:12,120 --> 00:36:14,495
The flood of press they got
from the massive IPO
793
00:36:14,529 --> 00:36:16,176
definitely didn't hurt, though.
794
00:36:20,387 --> 00:36:22,482
BARKSDALE: Yeah. Thanks, Danny.
795
00:36:22,522 --> 00:36:24,787
I appreciate it. Okay, you too.
796
00:36:24,839 --> 00:36:26,510
Bye. What's up?
797
00:36:26,557 --> 00:36:28,502
SIINO: I have reporters
from Wall Street Journal,
798
00:36:28,557 --> 00:36:31,682
New York Times,
Forbes, Wired, the Chronicle,
799
00:36:31,721 --> 00:36:34,356
and about ten other news agencies
all asking for interviews.
800
00:36:34,403 --> 00:36:36,242
- How do you want to handle it?
- BARKSDALE: Put together a list
801
00:36:36,317 --> 00:36:39,120
and we'll come up with a game plan
with Jim and Marc.
802
00:36:39,370 --> 00:36:40,223
- Okay.
- That reminds me...
803
00:36:40,270 --> 00:36:42,426
Hey, everybody. Quick word.
804
00:36:42,457 --> 00:36:43,991
As you can imagine,
805
00:36:44,240 --> 00:36:46,928
there is a lot of interest
from the press
806
00:36:46,966 --> 00:36:48,326
in our company right now.
807
00:36:48,380 --> 00:36:50,513
Phones are just ringing off the hook.
808
00:36:50,568 --> 00:36:53,613
I'm sure you're aware of the feeding
frenzy outside the front door,
809
00:36:53,666 --> 00:36:55,670
here's the thing:
810
00:36:55,129 --> 00:36:59,315
please, do not say anything to the press
811
00:36:59,418 --> 00:37:03,486
unless we, your bosses,
have approved it.
812
00:37:03,544 --> 00:37:04,946
Okay?
813
00:37:04,979 --> 00:37:07,780
All right, back to work.
814
00:37:07,148 --> 00:37:08,789
Whoo!
815
00:37:08,883 --> 00:37:11,523
SIINO: Actually, they just
want to speak with Marc.
816
00:37:11,570 --> 00:37:15,455
I guess, you know,
he's 24 and... [laughs]
817
00:37:17,558 --> 00:37:19,478
BARKSDALE: Right,
yeah, that makes sense.
818
00:37:20,840 --> 00:37:22,402
Hey.
819
00:37:24,110 --> 00:37:28,660
As much as I admire your
discipline, if you were ever inclined
820
00:37:28,136 --> 00:37:31,973
toward an 8-ball and a hooker,
today would be the day.
821
00:37:32,564 --> 00:37:34,173
ANDREESSEN: Well, the night is young.
822
00:37:34,875 --> 00:37:38,747
BARKSDALE: So, Marc,
we need to talk about press.
823
00:37:38,779 --> 00:37:41,809
Every blue chip member of the 4th
Estate is barking down our door,
824
00:37:41,834 --> 00:37:43,106
and they all want to talk to you.
825
00:37:43,168 --> 00:37:45,168
ANDREESSEN: Yeah, sure.
Anything to help the company.
826
00:37:45,207 --> 00:37:46,587
CLARK: Okay. Great.
827
00:37:46,622 --> 00:37:51,928
In the meantime, are you planning
on enjoying any of this?
828
00:37:52,593 --> 00:37:55,811
ANDREESSEN: You know, after today,
we have to deliver 10,000%.
829
00:37:55,881 --> 00:37:59,569
I mean, that's obviously ridiculous,
you understand hyperbole, Jim?
830
00:37:59,634 --> 00:38:03,820
2.0 has got to dominate the browser
market critically and financially.
831
00:38:03,129 --> 00:38:04,871
And right now, our plug-in
support is weak,
832
00:38:04,910 --> 00:38:06,465
our mail element isn't even happening,
833
00:38:06,490 --> 00:38:09,345
and about ten other things we promised
are still in the idea phase.
834
00:38:09,382 --> 00:38:10,929
So...
835
00:38:10,992 --> 00:38:13,188
CLARK: Okay. Got it.
836
00:38:13,237 --> 00:38:16,977
But you're still coming
to the party tonight, yes?
837
00:38:19,921 --> 00:38:22,125
BARKSDALE: Marc? Hey, man.
838
00:38:22,169 --> 00:38:23,906
CLARK: Marc?
839
00:38:24,366 --> 00:38:26,383
- You coming to the party?
- ANDREESSEN: Oh, there it is.
840
00:38:27,330 --> 00:38:28,926
Um...
841
00:38:29,210 --> 00:38:30,926
Yeah. Yeah, definitely.
842
00:38:30,965 --> 00:38:32,442
BARKSDALE: Well, all right.
843
00:38:58,446 --> 00:39:01,324
PATERNOT: We broke 75,000
daily visitors this week,
844
00:39:01,394 --> 00:39:04,400
and apparently it doesn't mean [bleep]!
845
00:39:07,734 --> 00:39:09,800
Where does this leave us?
846
00:39:10,200 --> 00:39:13,160
KRIZELMAN: Another round of begging
friends and family for money?
847
00:39:14,926 --> 00:39:16,574
PHILLIP: So?
848
00:39:18,389 --> 00:39:20,110
Damn.
849
00:39:21,270 --> 00:39:23,270
You guys see this yet?
850
00:39:23,899 --> 00:39:26,719
It's crazy.
851
00:39:30,124 --> 00:39:31,792
KRIZELMAN: Are those numbers right?
852
00:39:31,826 --> 00:39:34,600
PHILLIP: Bro, that's
the Wall Street Journal.
853
00:39:34,133 --> 00:39:37,404
KRIZELMAN: Steph. Steph! Check this out.
854
00:39:40,901 --> 00:39:44,131
PATERNOT: It closed at $58?
855
00:39:44,246 --> 00:39:46,683
And got up to 74?
856
00:39:46,724 --> 00:39:47,920
Where did they price it?
857
00:39:47,990 --> 00:39:51,454
- KRIZELMAN: $28.
- PATERNOT: $28?
858
00:39:51,501 --> 00:39:53,845
PHILLIP: You think Netscape could
just, like, give us some money?
859
00:39:53,870 --> 00:39:55,275
Seems like they got enough of it.
860
00:39:55,326 --> 00:39:57,845
PATERNOT: If anyone needed proof
that the Internet is real,
861
00:39:57,907 --> 00:39:59,593
here you go.
862
00:39:59,624 --> 00:40:02,589
KRIZELMAN: It's the biggest
tech IPO since Microsoft.
863
00:40:02,622 --> 00:40:06,310
PATERNOT: Call 'em all.
Aunts, uncles, half-cousins.
864
00:40:06,780 --> 00:40:08,172
We just need to keep this thing
alive for the next few months.
865
00:40:09,550 --> 00:40:10,789
KRIZELMAN: Then what?
866
00:40:11,578 --> 00:40:13,958
PATERNOT: All those [bleep] fools
who just turned us down
867
00:40:13,989 --> 00:40:16,104
are gonna be throwing money at us.
868
00:40:16,136 --> 00:40:18,137
Trust me.
869
00:40:20,585 --> 00:40:23,722
[party sounds]
870
00:40:29,587 --> 00:40:31,560
- Sounds good.
- CLARK: Hey, hey, hey!
871
00:40:31,111 --> 00:40:32,251
Everybody, everybody, everybody.
872
00:40:32,290 --> 00:40:33,931
Who's got, who's got...
Everybody have a drink?
873
00:40:33,995 --> 00:40:35,341
- BARKSDALE: Here buddy.
- Everybody have a drink?
874
00:40:35,366 --> 00:40:36,412
- BARKSDALE: You need one.
- Okay.
875
00:40:36,462 --> 00:40:38,842
CLARK: Um, a little over a year ago,
876
00:40:38,912 --> 00:40:42,148
we... we... we...
877
00:40:42,211 --> 00:40:44,383
launched this sucker
878
00:40:44,445 --> 00:40:48,599
with a few million and a pipe dream.
879
00:40:48,669 --> 00:40:56,221
And as of today the company is
valued at just under $3 billion.
880
00:40:56,260 --> 00:40:57,971
[cheers]
881
00:40:58,240 --> 00:41:00,555
CLARK: I'd say that's a...
That's a very good year.
882
00:41:00,626 --> 00:41:04,850
BARKSDALE: And I
would say it's safe to say that
883
00:41:04,135 --> 00:41:06,429
we are the top browser in the business.
884
00:41:06,480 --> 00:41:08,382
So congratulations!
885
00:41:08,431 --> 00:41:10,602
[cheers]
886
00:41:10,695 --> 00:41:12,922
ANDREESSEN: It also makes us a target.
887
00:41:13,160 --> 00:41:14,637
- So...
- Yep.
888
00:41:16,177 --> 00:41:19,684
So keep on going. It doesn't stop now.
889
00:41:24,854 --> 00:41:26,563
In the startup world,
890
00:41:26,649 --> 00:41:28,837
you're either a genius or an idiot.
891
00:41:28,910 --> 00:41:32,141
You're never just an ordinary guy
trying to get through the day.
892
00:41:32,203 --> 00:41:35,201
You know, the Internet has always been,
and always will be,
893
00:41:35,248 --> 00:41:36,459
a magic box.
894
00:41:36,514 --> 00:41:39,620
And we reached in and
pulled out one magical coin.
895
00:41:39,654 --> 00:41:41,623
So for a day, we got to be the geniuses.
896
00:41:41,656 --> 00:41:42,966
For a day.
897
00:41:43,260 --> 00:41:44,419
And in my opinion,
898
00:41:44,475 --> 00:41:47,185
even a day is way
too long to rest on your laurels.
899
00:41:50,576 --> 00:41:54,234
DARRIN: Hi. Yes, I'm trying to get
a round trip ticket to San Jose.
900
00:41:54,267 --> 00:41:57,256
Actually, make that one way.
901
00:41:57,337 --> 00:41:59,905
Yes. First thing tomorrow.
Early as possible.
902
00:42:00,837 --> 00:42:03,600
Yes, I'll hold.
903
00:42:04,812 --> 00:42:08,675
♪ Something in the way ♪
904
00:42:09,698 --> 00:42:13,683
♪ Ummmmm ♪
905
00:42:14,292 --> 00:42:18,296
- ♪ Something in the way, yeah ♪
- FENNE: Hi, I'm Michael Fenne.
906
00:42:18,334 --> 00:42:19,594
REPORTER [over TV]:
When Netscape went public
907
00:42:19,642 --> 00:42:22,790
investors couldn't
get enough of the stuff.
908
00:42:22,134 --> 00:42:24,734
The company has a 70% share of sofware
909
00:42:24,790 --> 00:42:27,540
used to navigate the world wide web.
910
00:42:27,119 --> 00:42:29,222
That's the most traveled
part of the internet.
911
00:42:29,277 --> 00:42:33,417
Synced & corrected by kinglouisxx
www.addic7ed.com
912
00:42:33,464 --> 00:42:38,236
♪ Something in the way, yeah ♪
913
00:42:38,317 --> 00:42:42,861
♪ Ummmmm ♪
914
00:42:47,765 --> 00:42:52,159
♪ Ummmmm ♪
73267
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