A-Z of the digital world
Monday 06 May 1996
The licence does ask you to pay if you continue to use it, but this is probably one of the most ignored requests on the Net. As a result, from its launch in April 1994 Netscape rapidly built up an estimated 75 per cent share of the browser market. That's the nice thing about the Internet for companies selling software: the cost of distribution is almost zero.
What's the advantage of a big market share, though, if nobody pays you for your product? The trick Netscape used is that Navigator is not its only product. It also sells "server" programs that run the Web sites that people visit.
Now, if you're a business setting up a Web site, would you go with the Netscape server program, knowing that three out of four people visiting your site are likely to be using its complement, or would you go for something else? And businesses, of course, pay for things.
The result is that Netscape is the biggest success story ever on the Internet. Sixteen months after it was set up, it was floated on Wall Street, where in its first day it was valued at $2.8bn - making one co-founder, Marc Andreessen, worth $58m at once, and his co-founder Jim Clark (also Netscape's chairman) worth a cool $563m.
At that stage Netscape hadn't ever made a profit, though last month it did, for the first time: $4.7m on sales of $55m.
The question now is whether it can keep that going.
Life & Style blogs
Report finds English children among the unhappiest in world
Anal sex study reveals climate of 'coercion'
Ice Bucket Challenge: ALS Association doesn't yet know what to do with all of the money raised
The science of saturated fat: A big fat surprise about nutrition?
The best gowns on the red carpet of 2014 Venice Film Festival
Exclusive: We share blame for creating 'jihad generation', says Muslim strategist
Robin Williams Emmys tribute led by Billy Crystal criticised for including 'racist' joke about Muslim woman
The Rotherham child abuse scandal is a tale of apologists, misogyny and double standards
Scottish independence TV debate: Pumped-up Alex Salmond bounces back in bruising second round against Alistair Darling
Do you realise just how foolish the UK looks?
Ukip Douglas Carswell defection: Tory MP jumps ship to join Nigel Farage
- 1 Ashya King missing: Police hunt five-year-old boy with brain tumour snatched from Southampton hospital by his parents
- 2 Notting Hill Carnival: Woman shares selfie after being ‘punched in face for telling man to stop groping her’
- 3 Daily Show's Jon Stewart destroys Fox News for its Ferguson coverage
- 4 Botched ice bucket challenge leaves man critically injured after plane drops hundreds of gallons of water
- 5 Friends reunion: Jennifer Aniston, Lisa Kudrow and Courteney Cox perform mini sketch on Jimmy Kimmel Live
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