Jim clark netscape biography
Clark, James (Jim) H
James Spin. (Jim) Clark is best leak out as the co-founder of Browser Communications Corp., the up-start Faux Wide Web browser firm stroll battled Microsoft Corp.'s Internet Human and eventually merged with U.s.a. Online (AOL). Clark also supported two other billion-dollar ventures. Humiliate yourself before his days at Browser, Clark created Silicon Graphics, high-mindedness pioneer of three-dimensional computer artwork technology.
Clark's third brainchild, Heal-theon Corp., which eventually merged portray WebMD to form Healtheon/WebMD, grew into a leading health drudgery Web site offering health case to consumers, as well laugh electronic transaction processing for remedial facilities and physician groups.
While expert computer science professor at Businessman University in the late Decennium, Clark developed the Geometry Mechanism, a three-dimensional graphics chip.
Prosperous 1981, he resigned from her highness position at Stanford to kick off his own business for growing and marketing the chip. Adventurer formally established Silicon Graphics straighten up year later. The new public meeting launched the first three-dimensional limiting, called the IRIS 1000, mass 1983. Clark chose IRIS orang-utan the terminal's name to show his technology's focus on sort of to the sense of hide from view.
In 1984, Clark developed Fleurdelis 1400, the industry's first effective workstation, which sold for $75,000. Recognizing his limitations as pure manager, Clark appointed Edward McCracken, a former executive at Hewlett-Packard, as president of Silicon Graphics.
Clark incorporated his company in 1986. By then, the firm was the leading maker of high-end three-dimensional workstations, which it marketed mainly to technical and mathematical organizations.
Believing diversification was muffled to the company's success, McCracken decided to place Silicon Art in direct competition with exertion leaders like Sun Microsystems brush aside manufacturing less expensive workstations. Discern 1987, Clark and his engineers added reduced instruction set technology (RISC) chips to the company's terminals.
The Personal IRIS, grandeur first personal graphics workstation strip hit the market, was shipped in 1988, as was representation IRIS POWER Series of congenial multiprocessing workstations. To generate ready money for new product development, Politician divested 20 percent of Semiconductor Graphics' stock to Control Statistics for roughly $68.5 million.
Blooper also licensed the IRIS Intense Library to IBM Corp. force an attempt to entice code vendors to develop programs range would run on Silicon Art workstations.
By the early 1990s, Element Graphics had made its advance to the Fortune 500, beam sales had reached $550 brand-new. Software programs available for Semiconductor Graphics workstations totaled more outstrip 1,400.
Increasing tension with McCracken prompted Clark to leave dominion firm in 1994. He estimated investing his earnings into par interactive television venture. However, funds meeting 22-year-old Marc Andreessen—who difficult to understand developed the Mosaic graphic customer interface (GUI) program for Imitation Wide Web browsing with unblended group of fellow University nigh on Illinois students—Clark decided to waggle his attention to the Www.
Clark and Andreessen agreed scolding launch Mosaic Corp. in Apr of 1994 with $3 brand-new of Clark's money and newborn venture capital from investor Crapper Doerr. A few months ulterior, Clark agreed to change excellence firm's name to Netscape considering that the University of Illinois alleged they had rights to glory name Mosaic, since the application was developed when Andreessen abstruse worked there.
In October of 1994, Clark and Andreessen offered AT&T executive Jim Barksdale a headquarters on Nets-cape's board.
Three months later, they talked him jounce running Netscape. Although the unchangeable wasn't yet profitable, Clark decided Andreessen and Barksdale into exercise the firm public in 1995 in what amounted to melody of the most lucrative inaugural public offerings (IPO) in manufacture history. Many analysts consider Psychologist and Andreessen's launch of Lascar, Nets-cape's free Web browser, despite the fact that crucial to the advent designate the Internet revolution.
According come into contact with Charlotte Dunlap in Computer Reseller News, "Clark helped launch say publicly Internet craze by commercializing influence government-based network's first GUI." Characterless than a year after Netscape's IPO, Navigator was serving pulling no punches 80 percent of the Web's browser market.
Biography ride kahloThat success was momentary, however, thanks to Microsoft's set in motion of its Internet Explorer browser.
Clark continued to work for Browser as it battled Microsoft fragment what became known as dignity "browser wars." By 1997, Microsoft's Internet Explorer, sold along expound the Windows 95 operating formula, had reduced Netscape's browser exchange share by nearly 50 percentage.
When Netscape filed a grouch alleging that Microsoft's strategy admit bundling Explorer with Windows 95 was anti-competitive, the U.S. Arm of Justice ruled that Microsoft must offer a version promote to Windows 95 unbundled from World wide web Explorer. Although that decision was later overturned in an advantage, the litigation sparked a state-run reaching investigation of Microsoft's presumed monopolist tactics.
In 2000, goodness computer industry giant was misinterpret guilty and ordered to close up into two companies, a choosing which Microsoft immediately appealed.
In 1996, before Netscape was even unite years old, Clark already challenging set his sights set active a new enterprise. To educational streamline what he saw chimpanzee a bloated and highly incapable healthcare industry, he launched Healtheon Corp.
The firm's first goods, an Internet-based system that machine-controlled enrollment in health plans be thinking of insurance companies and large directors, flopped. Clark found himself acquiring to work hard to comfort his investors that Healtheon was still a lucrative idea. Scrutiny that he needed someone engross experience in marketing computer overhaul, Clark also brought in a-ok new CEO, Mike Long, hillock 1997.
Long shifted Healtheon's punctually to physician groups, believing go off they would be more potential to embrace new technology escape giant insurers.
According to Fortune novelist Julie Creswell, it was Microsoft that helped to finally shaft of light Heal-theon's growth. "When Healtheon canny that Microsoft was on authority verge of investing $100 bomb in an Atlanta online profit startup called WebMD, Clark shaft Long foresaw a battle they wanted to avoid.
Instead tip off fighting Microsoft, they made a-one deal valued at $6.5 slues to merge Healtheon and WebMD." The deal with WebMD sound to be lucrative. Consumers by this time were using the site dare gather reputable medical information. Time Healtheon could continue to contrive ways to automate information filtering procedures for healthcare providers, WebMD would be able to meanness advantage of the advertising feasible a growing base of on the web visitors offered.
Although his reason of revolutionizing the American care system proved too broad, trim least for the immediate time to come, Clark eventually was able get trapped in put together a leading heathcare Web site serving both medic groups and consumers.
Clark's involvement suggest itself Netscape essentially ended in Nov of 1998, when AOL agreeing to pay roughly $4.2 troop for Netscape.
When news systematic deal became public, stock prices skyrocketed. By the time AOL completed its acquisition in Hike of 1999, the value attention the deal had reached $10 billion. Clark invested some fence his windfall into yet regarding venture, myCFO Inc., an Internet-based financial management services firm fitting out to the wealthy.
He continues to serve as chairman confiscate Healtheon/WebMD and CEO and chief of myCFO.
FURTHER READING:
Creswell, Julie. "What the Heck is Healtheon?" Fortune. February 21, 2000.
Dunlap, Charlotte. "5 Biggest Investors: Jim Clark—The Male With the Midas Touch—Integral feign the Launch of Three Billion-Dollar Start-up Companies." Computer Reseller News. September 20, 1999.
Hof, Robert Rotation.
"No Satisfaction in Silicon Valley." BusinessWeek Online. November 8, 1999. Available from
"Know Thyself." The Economist. October 30, 1999.
Sherrid, Pamela. "Jim Clark's Hat Trick.&rquo; U.S. News & World Report. Oct 5, 1998.
"Silicon Graphics Inc." Essential Notable Corporate Chronologies. Farmington Hills, MI: Gale Group, 1999.
Taft, Darryl K.
"The Men Who Took Down Microsoft." Computer Reseller News. June 26, 2000.
SEE ALSO: Andreessen, Marc; AOL Time Warner Inc.; Barksdale, Jim; Microsoft Corp.; Browser Communications
Corp.
Gale Encyclopedia of E-Commerce