BUSINESSWEEK ONLINE : SEPTEMBER 27, 1999 ISSUE
COVER STORY -- E.BIZ -- THE E.BIZ 25

James H. Clark


JAMES H. CLARK

MYCFO INC.

Position: Founder and CEO

Contribution: Arguably the father of the commercial Internet. Started Silicon Graphics, Netscape, Healtheon, and myCFO.

Ambition: To keep launching companies that satisfy his intellectual curiosity or solve a problem he knows personally.

When James Clark's new $30 million high-tech sailboat, Hyperion, was formally handed over to him at a Netherlands shipyard in January, the co-founder of Internet pioneer Netscape Communications Corp. (AOL) envisioned a leisurely life on what he called a ''luxury floating RV.'' Well, you can stuff that dream in a bottle and toss it out to sea. Instead, the serial entrepreneur is spending virtually 100% of his waking hours as CEO of yet another startup, myCFO Inc., a personal money-management service.

There's just too much happening on the Internet for Clark to take a vacation. But he has only himself to blame. Five years ago, after leaving the first company he started, 3-D pioneer Silicon Graphics Inc. (SGI), he and programming whiz Marc Andreessen launched the Net revolution with their Netscape Navigator browser. It was that small, simple program that brought the power of the Net to regular folks.

And Clark hasn't stopped there. He turned his attention to developing services that take advantage of the Net. First, he co-founded Healtheon Corp. (HLTH), a high-profile Web-based service for managing health care. And now he is focusing on personal finance, another fat target. ''I like to look at big markets and see if I can carve off a thick slice,'' says Clark, 55, who estimates his net worth at upwards of $1.8 billion. If the Net action

doesn't let up, he may never get back to his luxury floating RV.
By Steve Hamm

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RELATED ITEMS
The e.biz 25: Masters of the Web Universe

COVER IMAGE: The e.biz 25

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TABLE: Who's Lagging in the Net Age


[empire builders]
Jeffrey P. Bezos
AMAZON.COM INC.

Stephen M. Case
AMERICA ONLINE INC.

Timothy A. Koogle
YAHOO! INC.

[the innovators]
Louis H. Borders
WEBVAN GROUP INC.

Jay S. Walker
PRICELINE.COM

Margaret C. Whitman
EBAY INC.

Glen Meakem
FREE MARKETS ONLINE INC.

James H. Clark
MYCFO INC.

Christos M. Cotsakos
E*TRADE GROUP INC.

[bankrollers]
Masayoshi Son
SOFTBANK CORP., JAPAN

Robert C. Kagle
BENCHMARK CAPITAL

Lawton W. Fitt
GOLDMAN SACHS & CO.

L. John Doerr
KLEINER PERKINS CAUFIELD & BYERS  

Bernard Arnault
LVMH MOET HENNESSY
LOUIS VUITTON  

[the visionaries]
Mary G. Meeker
MORGAN STANLEY DEAN WITTER

John Hagel III
MCKINSEY & CO.

William Joy
SUN MICROSYSTEMS

[the architects]
Louis V. Gerstner Jr.
IBM CORP.

Pehong Chen
BROADVISION INC.

David C. Peterschmidt
INKTOMI INC.

Kevin J. O'Connor
DOUBLECLICK

Ellen M. Hancock
EXODUS COMMUNICATIONS

[the pace setters]
David S. Pottruck
CHARLES SCHWAB CORP.

John T. Chambers
CISCO SYSTEMS

Michael S. Dell
DELL COMPUTER



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