AOL purchased a vastly weakened Netscape after IE started eating its lunch.
Andreesen made his fortune from this acquisition but did not get out at the peak of Netscape’s market value. Far from it, it was practically firesaled from its potential high.
AOL continued the Netscape browser until just a year or two ago when it completely abandoned the browser to the ash heap of history.
Compare this to Mark Cuban who sold broadcast.com at the height of the internet frenzy in the late 90’s to Yahoo who has since completely buried the domain and the format that made it worth billions to begin with. Interesting what the parallels of two early developers of the period.
This guy must be George Soros of the Net, wanting to tank his opposition in the name of creating a monopoly.