Netscape’s revenue was sold to AOL because it declined for years, but the company has maintained its leadership in Internet technologies. This was because Bill Gates was a personal mistake of not noticing the growth of the Internet. When Navigator’s share in the internet market is 80%, Microsoft offered Explorer for free. On August 8, 1995, Netscape had to set a price for 5 million shares to be offered to the public. Venture capital company Kleiner Perkins invested $5 million for 20 percent of the company. The company launched its first browser, Navigator, in October 1994. Later, it reached around 2,500 employees in 3 years. The company had only 3 employees in April 1994 but increased the number of its employees to 100 in the same year. The purpose of the program was to make it easy to use the Internet on personal computers. This new online program was called Mosaic.
The investor named Jim Clark made a deal with Marc Andreessen, a good student who is willing to work in Silicon Valley to develop Netscape and create a new program and is successful with an Internet browser.
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