Meteoric takeoffs for software companies are nothing new, but Spyglass and Netscape appear to have set a record for creating piles of money out of one good idea. It's rare when two companies built on a single Very Good Idea go public within weeks of each other, at a combined market value projected in excess of US$500 million.
The Very Good Idea, of course, is Marc Andreessen's World Wide Web graphical browser, which gave birth to the commercial version of Mosaic, now controlled by Spyglass, and to the Navigator browser Andreessen created at Netscape. Now that Jim Clark (Netscape), Douglas Colbeth, and Tim Krauskopf (Spyglass) are rich, they can focus on the tough stuff, like figuring out how their companies are going to make money.
ELECTRIC WORD
Universal Free Wireless Service!
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The Billionaire Browser Boys Club
