2min chapter

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#23 The New New Thing: A Silicon Valley Story

Founders

CHAPTER

The Telecomputer - The Next Big Thing

The presentation Clark made to his board back in 1992 is a fair blueprint for the internet boom. Everyone at once realized that the next big thing was not the television set but the personal computer hooked up to the internet. It torpedoed investments of hundreds of millions by the world's biggest corporations and smartest minds. SGI, TW, Microsoft, Sun, Oracle, AT&T. Thousands of people had more or less wasted billions of dollars on Netscape. He took off in another and within six months he made them all look like fools.

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