Word: healtheon
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Dates: during 2000-2009
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...meant tackling a host of infectious diseases in the Third World. Former Netscape CEO Jim Barksdale is spending $100 million to teach more kids to read in his native Mississippi, which ranks near the bottom in state rankings of literacy. Jim Clark, legendary founder of Silicon Graphics, Netscape and Healtheon, has pledged $150 million for a biomedical-research facility at Stanford. Pierre Omidyar, founder of eBay, has vowed to give almost all his $4.2 billion fortune to the Omidyar Foundation, which will help build the capacity of nonprofit organizations to become self-sustaining. Ted Turner, CNN founder and Time Warner...
...primitive computer graphics chips the potential for powerful new workstations built by Silicon Graphics. He looked at a simple interface for websites, and turned it into the Netscape Web browser. And he most recently has exploited the potential of the Web for dispensing medical information through a company called Healtheon. Each of these ideas has netted Clark a cool billion or so. Shouldn't such a visionary come up with a similarly new way of giving those bucks away...
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