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chrisaycock
on Jan 24, 2011
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Equity in startups: Cap tables for Google, Apple, ...
Netscape was Clark's brainchild. He had left SGI (his previous startup) and recruited Andreesen, who wrote Mosaic at NCSA / Illinois. Clark brought so much to the table with his experience, connections, vision, etc.
staunch
on Jan 24, 2011
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You left out $4M of his own money as the initial investment.
chrisaycock
on Jan 24, 2011
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There's that too. Clark recounted years later that he felt short-changed by the VCs over SGI and he wasn't going to let that happen again.
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