Venture Capital

by Mike Masnick

Jim Clark Decides Perhaps Silicon Valley Isn't Over; Pushes Home/Boat Automation

from the he's-back? dept

Last we had heard about SGI/Netscape/Healtheon founder Jim Clark, he was saying that Silicon Valley was "over," and he was off to Florida where he could relax a bit and play in the real estate market there (he apparently has a good nose for bubbles). However, while there, he apparently spent plenty of time playing with his fancy boat, chronicled in a book by Michael Lewis. He's now taken the software he wrote to help power that boat, along with similar software to power his house and has set up a company to try to sell these various home/boat automation offerings. He says he just wants to test out the market to see if there's really demand for the software, but the fact that $12 million (nearly $7 million from Clark) has been invested in the venture (called CommandScape) suggests it's more than just a little investigation into the market feasibility. And, of course, it's worth noting that this new company is (oh, look at that!) right here in Silicon Valley. Maybe it's not so over, after all.

Reader Comments (rss)

(Flattened / Threaded)

  1. identicon
    nonuser, Jun 27th, 2005 @ 4:54am

    sounds like the next Netscape

    Not... although maybe a nice gig for ex-SGI and Jini engineers. Billionaires get to have expensive hobbies.

    reply to this | link to this | view in thread ]

  2. identicon
    u2604ab, Jun 28th, 2005 @ 9:29am

    registration required

    I wanted to read the article, since I'm interested in home automation, but I'm not going to register to read the baltimore sun. Bugmenot?

    reply to this | link to this | view in thread ]

  3. identicon
    SEO expert, Mar 18th, 2006 @ 10:47am

    jim clark buzz

    I've heard that jimmy's been involved with quite a few new projects. he's addicted to this very profitable hobby of enhancing technology.

    reply to this | link to this | view in thread ]

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