![]() 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. ![]()
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