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Re: Crypto = Competitive Advantage?
At 2:17 PM 8/9/95, Duncan Frissell wrote:
>Note to Mr. Bill -
>I was watching CNBC this morning while reading my mail and they had a story
>on the Netscape Communications IPO (ticker NSCP btw). Some analyst said
>when asked whether Microsoft couldn't just wipe them out that the most
>important part of Netscape's product was that it offered end-to-end
>encryption. He said that this was important for the growth of the nets and
>was something that people wanted.
As long as the Netscape IPO topic has come up...
A former member of our list, Marc Andreessen, just became worth $70 million
or so in today's IPO. (IPO = Initial Public Offering, or "Internet PGP
Personally, I think this valuation of Netscape at a few billion dollars is
way too high. They've got a leading product, which most folks have gotten
for free, and they've signed a bunch of corporate deals. But a few billion
for a brand new company?
...and who knows how many of their sudden multimillionaire developers will
Crypto could be the next big wave of IPOs, with "Verisign" and "RSADSI"
both rumored to be offered. Some of the digital commerce companies may be
It seems that anything involving the Internet, the Web, and digital
commerce is really, really hot.
--Timothy C. May, President, Bank of the Web
Special note: My ISP has changed its domain name from "sensemedia.net" to
"got.net" (as in "got milk?"), so I have to again ask you all to bear with
me and use my new e-mail address, "[email protected]".
Timothy C. May | Crypto Anarchy: encryption, digital money,
[email protected] (Got net?) | anonymous networks, digital pseudonyms, zero
408-728-0152 | knowledge, reputations, information markets,
Corralitos, CA | black markets, collapse of governments.
Higher Power: 2^756839 | Public Key: PGP and MailSafe available.
"National borders are just speed bumps on the information superhighway."