When Google went public in 2004, the company was valued at $23 billion, while Netscape was valued at $2.9 billion when it went public back in 1995. Viewed from this perspective, the Facebook IPO deal feels like the defining moment of an era, perhaps the last great IPO of the current Internet boom.
All of this raises an interesting question: Which Internet company, if any, could possibly become “the next Facebook”?