ShipStack Dossiers · History

How the internet
got built

The companies that built the internet, from day one: a year-by-year timeline, the founders’ story, lesser-known facts with links to primary sources. And parallels with what people are launching today.

13stories
1993–2010years
freein full
Shipping right now How the internet got built

Checked against primary sources: S-1 and 10-K filings, press releases, site archives, founder interviews. Where sources disagree or nothing confirms a claim, it says so: estimate unverified

1993–1999sold for ≈$45M · 1999

Match.com

The first genuinely mass online dating service (1995).

What Wikipedia does not have: The access fee was introduced not against the strategy of attracting women but as part of it.

datingtwo-sided-marketplacemarketplace-cold-startfounder-ousted
1993–1999acquired by AOL for ~$4.2B · 1999

Netscape

Mosaic → Mosaic Communications → Netscape Communications

The company survived on its own for less than five years, but it was the one that turned the internet from an instrument for scientists into a product for ordinary people: Netscape Navigator, a free browser grown out of the…

What Wikipedia does not have: Netscape pointedly took not a single line of code from the university Mosaic into the new browser, and that decision was made before the decision to found the company.

browsersopen-sourcedistribution-moatfree-to-paid
1994–1997IPO on Nasdaq · 1997

Amazon

Cadabra → Amazon.com

An online bookstore that started in a garage in Bellevue under the name Cadabra and nearly kept that name, but for a lawyer who misheard it as cadaver.

What Wikipedia does not have: Amazon's "first book" was a test purchase by an acquaintance of a company employee, more than three months before the public launch (with a caveat).

ecommerceaffiliatereferralmarketplace
1994–2009acquired by Yahoo for ~$3.6B · 1999, shut down in 2009

GeoCities

Beverly Hills Internet → GeoCities

A free home-page service that began as a web host with webcams on a Hollywood street corner and in Beverly Hills, and grew into the third most visited site in the US of the late 1990s: anyone at all got a free piece of the web…

What Wikipedia does not have: The company was born out of personal tragedy, not out of a business plan.

ugcwebsite-buildercommunityfree-hosting
1994–1996IPO · 1996

Yahoo!

Jerry and David's Guide to the World Wide Web

An internet directory that two Stanford graduate students assembled by hand as a hobby in a university trailer: lists of favorite sites sorted by topic, anything to avoid writing their dissertations.

What Wikipedia does not have: The first specialized category in the directory's history was created personally by Jerry Yang, in one evening, off one letter.

directorysearchadvertising-modelmedia-company
1995–2010alive, no investors and no IPO

Craigslist

A free classifieds site (housing, jobs, stuff, personals) that grew out of one engineer's personal email list about events in San Francisco.

What Wikipedia does not have: The 1997 refusal to run advertising was one man's arithmetic, not a declaration of principle.

classifiedsmarketplacecommunity-builtsolo-founder
1995–1997acquired by Microsoft · 1997

Hotmail

The first mass-market free web email service: a mailbox that opened in any browser, with no internet provider of your own.

What Wikipedia does not have: The term "viral marketing" was coined by the company's own investors, not by journalists after the fact.

emailviral-marketingfree-tieracquisition
1995–1998IPO · 1998

eBay

AuctionWeb → eBay

In 1995 Pierre Omidyar launched an auctions section on his personal site as an experiment: could the internet support an honest market between strangers.

What Wikipedia does not have: The Pez dispenser myth was invented not by the press but by the company itself.

marketplaceauctionc2creputation-system
1996–2006acquired by Priceline for $133M · 2005

Booking.com

Bookings.nl → Bookings B.V. → Booking.com

An online hotel booking service that a recent university graduate from the Netherlands (by his own account in one interview, still a final-year student) launched with two servers under his desk in 1996, copying the idea from the…

What Wikipedia does not have: The 5% commission was chosen not from a calculation but because nobody there knew any other figure.

travelotamarketplaceagency-model
1996–2004IPO · 2004

Google

Two Stanford graduate students studied the link structure of the web as an academic problem, with no intention of building a business, and ended up with an algorithm more accurate than any search engine of the time.

What Wikipedia does not have: Google was nearly sold to Excite for less than a million dollars, and not because of the quality of the search.

searchadtechseoauction-model
1998–2002acquired by eBay for $1.5B · 2002

PayPal

Confinity → X.com → PayPal

An online payment service that ran on email, grown out of a company that had tried to sell encryption for the Palm Pilot handheld.

What Wikipedia does not have: The "Pay with PayPal" button was invented not by the company but by an eBay seller.

paymentsmarketplaceviralreferral
1999–2003acquired by Google · 2003

Blogger

Pyra Labs

A tool for publishing web pages instantly, grown out of a side internal tool at a company that was selling something else entirely: Pyra, a web-based task and project manager.

What Wikipedia does not have: The deal that saved Blogger was discussed and agreed in outline over dinner at a sushi bar.

bloggingpublishingcmssolo-founder
1999–2002bankruptcy · 2002

Napster

A program for sharing MP3s free over the internet, written by an 18-year-old freshman at Northeastern University.

What Wikipedia does not have: From day one Napster sold itself as a community rather than as a file-download tool.

p2pfile-sharingmusicplatform-risk

The same thing, about today

The same breakdowns, but of projects launching right now: what the product is, where the first users came from, how they charge. The card is free, the full dossier is $5 (the dossier itself is written in Russian).

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