The companies he's founded have done pretty darn well for shareholders though. Netscape was sold for $4Billion, and, on the last day of trading, was worth $10B

The companies he's founded have done pretty darn well for shareholders though. Netscape was sold for $4Billion, and, on the last day of trading, was worth $10Billion. Not bad for a 5 year old company. Loudcloud/Opsware (which was really managed more by Ben than Marc) started it's growth spurt _just_ as the entire dot com bust took place. Loudcloud Went public as the market was in freefall - it's amazing they even got it out. About 1/3 the company was sold to EDS, and another 1/2 was laid off - leaving only 100 or so employees to form the ashes of OPSW. I remember Marc's infamous "Sharp Left Turn" speech (this what before "pivot" became part of the common vernacular in the valley) before the company the next morning, when he rallied the troops around the idea of building a software company - where He and Ben basically executed an emergency maneuver, and converted the services/platform/hosting company into a Software Company. Sold for $1.6 Billion, all cash deal. Took eight years for that exit. There aren't that many entrepreneurs who've had two $1B+ exits, so I would suggest your statement, "Marc has a terrible record as an entrepreneur..." - is flawed.