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In November theglobe.com set a different kind of record with a first-day gain of 606%.
FORBES: New Issues Review
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In late 1998, theglobe.com went public and the founders were only 24 years old (theglobe.com was their first employer).
FORBES: LinkedIn IPO: It's Not a Bubble!
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While TheGlobe.com failed in its efforts to revamp itself as a VoIP telephone service, Vonage (VG) was among the companies that helped bring the technology mainstream.
FORBES: 5 Big-Buzz IPOs That Disappointed
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Foundry Networks, a maker of Internet-switching gear that--mirabile dictu--is actually profitable, posted a fivefold gain on its first day of trading, a performance topped only by last year's Theglobe.com.
FORBES: A Year for Sizzle
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Whereas Netscape's IPO symbolized the dawn of the dotcom boom, TheGlobe.com's epitomized the height of irrational exuberance and Google's ushered in a renaissance of tech innovation after the Internet bubble burst, LinkedIn's debut will be remembered as social media's arrival on the capitalist stage known as Wall Street.
CNN: LinkedIn's IPO is a watershed moment for social media