5 ms·

America Online, the largest Internet access service, said today it will acquire Netscape Communications in a deal valued at $4.2 billion. http://news.cnet.com/

by loumf 14y ago

America Online, the largest Internet access service, said today it will acquire Netscape Communications in a deal valued at $4.2 billion. http://news.cnet.com/2100-1023-218360.html http://news.cnet.com/2100-1023-218360.html HP today announced that it has signed a definitive agreement to purchase Opsware Inc. (Nasdaq: OPSW), a market-leading data center automation software company, through a cash tender offer for $14.25 per share, or an enterprise value (net of existing cash and debt) of approximately $1.6 billion on a fully diluted basis. http://www.hp.com/hpinfo/newsroom/press/2007/070723xa.html http://www.hp.com/hpinfo/newsroom/press/2007/070723xa.html

kirinan 14y ago
While I can't disagree with the numbers, these were acquired at what could be considered the peak of a bubble, thus possibly way over-priced. Although, to say that he didn't create something awesome (both Opsware and Netscape) would be trivializing what he has done, and it isn't fair to him either. I think it would be fair to say he knows far more about business/what it takes to make a start-up than 99% of the world.
- loumf 14y ago
  Right, and one of the things he stresses is timing. Opsware was famously founded before a crash and figured out how to survive to the next bubble. http://bhorowitz.com/2010/03/17/the-case-for-the-fat-startup/ http://bhorowitz.com/2010/03/17/the-case-for-the-fat-startup...
rhizome 14y ago
Now Google "Jim Clark," and reflect upon possible scenarios under which Netscape was born and Andreesen's role therein. Opsware had the benefit of the already-successful, a privilege of the Fundamental Attribution Error, which is the mechanism of VC that he has the ability to use in his current endeavors, while also making use of the other engine of venture capital: connections.

5 ms·

America Online, the largest Internet access service, said today it will acquire Netscape Communications in a deal valued at $4.2 billion. http://news.cnet.com/

by loumf 14y ago

kirinan 14y ago
While I can't disagree with the numbers, these were acquired at what could be considered the peak of a bubble, thus possibly way over-priced. Although, to say that he didn't create something awesome (both Opsware and Netscape) would be trivializing what he has done, and it isn't fair to him either. I think it would be fair to say he knows far more about business/what it takes to make a start-up than 99% of the world.
- loumf 14y ago
  Right, and one of the things he stresses is timing. Opsware was famously founded before a crash and figured out how to survive to the next bubble. http://bhorowitz.com/2010/03/17/the-case-for-the-fat-startup/ http://bhorowitz.com/2010/03/17/the-case-for-the-fat-startup...
rhizome 14y ago
Now Google "Jim Clark," and reflect upon possible scenarios under which Netscape was born and Andreesen's role therein. Opsware had the benefit of the already-successful, a privilege of the Fundamental Attribution Error, which is the mechanism of VC that he has the ability to use in his current endeavors, while also making use of the other engine of venture capital: connections.