World Online
World Online (WOL) was a European Internet Service Provider (ISP) which came to prominence in the late 1990s dotcom boom.
Founded by Dutch entrepreneur Nina Brink, World Online's name indicated its aspiration to rival the hugely successful American ISP, AOL (America On-Line). The company aimed to provide free internet access across Europe. It launched its full internet service in the Netherlands in 1996, and grew rapidly to have a presence in 15 European countries and South Africa; counting some 1.9 million customers by the year 2000.
Based in Rotterdam, the Netherlands, the company’s principal shareholders included the Swiss-based Sandoz Family Foundation, Dutch mobile provider Telfort, Reggeborgh Beheer (an investment company) and Intel.
IPO
WOL's IPO in 2000 proved a disaster and left the reputations of the banks, the Amsterdam stock exchange and the company itself tarnished.
It was set to be officially listed on the Amsterdam Stock Exchange on March 17, 2000. It was underwritten by ABN AMRO and Goldman Sachs, and promoted via a pan-European ad campaign involving hired celebrities like royal Sarah, Duchess of York, actor Christopher Reeve, and rocker Joe Cocker.