Word: andreessens
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...brought forth by the stock market's magic. Last Aug. 9, Netscape, a Mountain View, California, software company, sold stock to the public for the first time. By the end of the day, the shares owned by chairman James Clark were worth $566 million. Netscape's technical whiz, Marc Andreessen, who is 24 years old, was suddenly worth $58 million. In November the net worth of Pixar chairman Steve Jobs increased more than $1.1 billion in a single day when the company, responsible for the computer-animated hit movie Toy Story, sold new stock on the open market. Dozens...
...Marc Andreessen greets a visitor at his office in Mountain View, California, by saying, "Got my Armani suit on today." He's actually wearing a sport shirt, jeans and clunky boots. When he's off duty, he may lose the boots. Andreessen is 6-ft. 4-in. tall and has a baby face and lopsided smile. Talking about the day he made his first $50 million, he says, "I was at home in bed. I had been up until, like, 3 in the morning, working, so I woke up at 11, logged in from home, looked at Quote.Com. My eyes...
...Andreessen grew up in Wisconsin, where his father is a retired salesman and his mother works for Lands' End. While an undergraduate at the University of Illinois at Urbana-Champaign, he helped develop a program called Mosaic that makes it easier to navigate around the Internet. Paid $6.85 an hour, he was actually supposed to be writing software for three-dimensional scientific visualization. The university was enthusiastic about Mosaic, however. It gave the program away, earning the team that wrote it the undying devotion of the Internet underground. Jim Clark, who had founded Silicon Graphics, a computer firm known...
...reside anywhere on the Internet, called up by whoever needs them, whenever they need them. It's a development that could finally make true Sun's original and hitherto cryptic slogan: The Network Is the Computer. "There's a paradigm shift every 10 or 15 years," says Marc Andreessen, a Web pioneer and co-founder of Netscape Communications. "And we're in one right...
Netscape's Andreessen took Microsoft's entry as a challenge. "When there's battle between a bear and an alligator," he says, "what determines the victor is the terrain. Microsoft just moved into our terrain." Microsoft shrugs off such talk as bravado. "Java support is like a belly button," says Roger Heinen, vice president of Microsoft's software-developer division. "Everybody's going to have...