James H. Clark

James H. Clark is a serial and successful entrepreneur perhaps best known for co-founding Netscape in 1994 along with Marc Andreessen. Netscape Navigator became the market leader in web browsers in the early days of the internet, but because it was not free to use, it ultimately lost market share to Microsoft’s free competitor Internet Explorer, and Netscape was eventually purchased by America Online (AOL) in 1998, making him a billionaire. He exited with a $1.2 billion payout. This is quite a return on his initial investment of $4 million…300 times his investment.