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by lbo 5170 days ago
Netscape's core was reborn as Firefox. Netscape invented the image tag, along with much of what we consider essential to what the internet is today. Most here would probably attest that it was also the superior product in its day, only losing out to IE thanks to questionably legal monopoly muscling from MS.

Opsware was purchased for $1.6bn by HP, hardly a failure...

Andreesen has a strong history of execution and value generation and Netscape was a pioneer, not a cheap shareholder exploitation vehicle. This article is grasping at straws.

Edit: Clearly HP the thought Opsware was extremely valuable at the time of purchase and the author provides no evidence to support his claim that it was not a good purchase for HP. According to comments on the article, Opsware's product still exists and has simply been rebranded.

3 comments

Opsware was purchased for $1.6bn by HP, hardly a failure...

The thesis of the article is that Marc has been very successful at selling things, but that these things have not been so successful for the people who bought them from him. I don't think you are at odds with the author if you're saying that Marc has been successful at making money.

The article didn't actually give any evidence as to why Opsware was a bad purchase for HP, and according the comments in the article the product still exists and has simply been rebranded.

I suppose I was trying to imply with the $1.6bn price tag that clearly HP thought the product was immensely valuable and I thought "who is the author to say that they were so wrong without a shard of evidence?" Admittedly, I failed to actually draw this line of reasoning in the post at all and have no reason to suppose others would infer it as well.

Regarding Opsware, I think the author of the article is pointing out that a company's acquisition price does not necessarily equal its true value. In other words, the seller of a tulip at the peak of a market bubble hasn't created as much value as you'd think.
Netscape != Andreesen