What does TGLO mean in NASDAQ SYMBOLS
TGLO is the abbreviation of TheGlobe.Com, Inc., which was the first successful social networking site on the internet. It became a publicly-traded company in 1998 and its success served as a blueprint for other social networking sites that followed.
TGLO meaning in NASDAQ Symbols in Business
TGLO mostly used in an acronym NASDAQ Symbols in Category Business that means TheGlobe.Com, Inc.
Shorthand: TGLO,
Full Form: TheGlobe.Com, Inc.
For more information of "TheGlobe.Com, Inc.", see the section below.
Essential Questions and Answers on TheGlobe.Com, Inc. in "BUSINESS»NASDAQ"
What is TheGlobe.Com?
TheGlobe.Com (TGLO) was the first successful social network to be launched online in 1995. It became publically traded on NASDAQ in 1998 and paved the way for other social networks such as MySpace and Facebook.
What inspired TheGlobe.Com?
TheGlobe.Com was inspired by two Cornell University undergraduates, Stephan Paternot and Todd Krizelman, who sought to create an online community based on mutual interests rather than geographic proximity unlike most existing websites at the time.
When did TheGlobe.com become publically traded?
The Globe became publically traded in 1998 on NASDAQ under the symbol TGLO with an opening price of per share with 65 million shares being offered for sale by its founders, executives and venture capital firms who provided financing prior to its IPO launch date of November 13th, 1998.
How much money did TheGlobe raise in their IPO?
In their initial public offering (IPO),The Globe raised over million dollars USD through their offering of 65 million common shares which were priced at each prior to their listing on NASDAQ on November 13th, 1998
How have other companies been inspired by The Globe's success?
Since its launch in 1995, many companies have taken inspiration from TGLO and created similar services or even compete directly against it in various ways like MySpace or Facebook becoming key competitors and taking a large share of the market away from them due to their popularity
Final Words:
Since it's founding back in 1995, TGLO has had a significant impact on how people interact using technology around the world today. Not only did it set an example for what is possible but it also opened up opportunities for larger audiences to connect with one another through various digital devices across multiple platforms today.