The Crypto Crash Feels Amazing
Updated at 6:10 p.m. ET on May 18, 2022“What do you think of this company Netscape?” my parents asked. It was 1995, and they had called me on the landline, which back then just meant the telephone. Netscape was a company that made a graphical web browser—the web browser, really—but gave it away for free. Its income statement showed only modest revenue (and substantial losses). The web was new and exciting but unproven, so I steered my folks away from Netscape’s IPO.



























