In Business This Week: HEADLINER: JAMES H. CLARK
THE NET'S DREAM WEAVER
Call him the Internet's post- er dad. In the year since he left Silicon Graphics, the computer maker he founded, 51-year-old James Clark has made his new startup the hottest company in cyberspace.
Clark's Netscape Communications makes software that helps customers browse and do business on the Net's World Wide Web. The technology has drawn a crowd of well-heeled fans: Publishers Hearst, Knight-Ridder, and Times Mirror--plus cable giant Tele-Communications and publishing software veteran Adobe Systems--announced on Apr. 7 that they will buy multimillion-dollar stakes in Netscape. And on Apr. 10, Netscape teamed up with America Online, CompuServe, and Prodigy Services co-owner IBM to buy stakes in Terisa Systems, a startup forging standards for secure electronic commerce.
Clark's vision is to build the Web into the Info Superhighway that cable and phone companies still dream about. There will be sweet vindication if he succeeds: Clark left SGI after managers resisted his efforts to move faster into interactive entertainment.EDITED BY KEITH H. HAMMONDS By Robert D. Hof