He graduated from Utah University in 1974 with a Ph.D. Years before he founded Silicon Graphics, Clark was a successful professor at the prestigious Stanford University. This group of programmers created Mosaic, the first web page viewer whose discovery was the start of Netscape Communications. In March 1994, he left Silicon Graphics to work with a group of young programmers from the University of Illinois on Internet-Based Business Applications and Consumer Software. Jim Clark founded and headed Silicon Graphics in 1994, before setting up Netscape with Marc Andreessen. Under his leadership, FedEx became the company that won the Malcolm Baldrige National Quality Award. He became vice president and CEO in 1983, causing the company to grow from 1 billion to 7.7 billion and open branches in more than 135 countries. He spent 12 years as a CIO from McCaw with Federal Express Corporation from 1979 to 1983 and oversaw the development and implementation of the company’s worldwide systems. Jim Barksdale was president and CEO of McCaw, a company worth $2 billion in 1993, from January 1992 to September 1994. Jim Barksdale joined Netscape in January 1995.īefore joining Netscape, Jim Barksdale was the CEO of AT&T Wireless Services, resulting from the merger between AT&T and McCaw Cellular Communications. Netscape’s revenue was sold to AOL because it declined for years, but the company has maintained its leadership in Internet technologies. This was because Bill Gates was a personal mistake of not noticing the growth of the Internet. When Navigator’s share in the internet market is 80%, Microsoft offered Explorer for free. On August 8, 1995, Netscape had to set a price for 5 million shares to be offered to the public.

Venture capital company Kleiner Perkins invested $5 million for 20 percent of the company. The company launched its first browser, Navigator, in October 1994.

Later, it reached around 2,500 employees in 3 years. The company had only 3 employees in April 1994 but increased the number of its employees to 100 in the same year. The purpose of the program was to make it easy to use the Internet on personal computers. This new online program was called Mosaic. The investor named Jim Clark made a deal with Marc Andreessen, a good student who is willing to work in Silicon Valley to develop Netscape and create a new program and is successful with an Internet browser.

History of netscape