Palm became a dot-com era giant after its March 2000 IPO, closing its first trading day with a market value of about $5…
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Palm became a dot-com era giant after its March 2000 IPO, closing its first trading day with a market value of about $53 billion. The company was built around the PalmPilot, a handheld organizer that made calendars, contacts, notes, and mobile email feel futuristic before smartphones existed. At the time, Palm’s valuation was above Apple and more than twice Amazon’s market value, while Google was still private and Nvidia was a much smaller chip company. The crazy part is that Palm looked like…