"Former Netscape employees, or 'Netscapees' as some call
themselves, have started or play a significant role in at
least a dozen new Bay Area and Silicon Valley companies,
including Accept.com, Tellme.com, BlueMartini.com,
Allbusiness.com, Geocast, and MS2."
Keith? Have you been hording Netscape employees? 8-)
Other mentions in the article, Atri Chatterjee went to
Responsys.com, general counsel Roberta Katz and Mike McCue
both wwent to Tellme.com, Rick Yamaura went to Persistence Software,
and many are just waiting for their vesting to finish.
The article says that as many as 1k Netscape employees will be
placed in the Netscape Enterprise Group which will work with Sun to help
companies build e-commerce systems with each side paying the
salaries of their respective employees for 3 years. Heck, it'll
take 3 years just to merge their business processes, if they even
know what they are. Business culture clash, I love it.
And if you think ethnic enmity in Kosovo is bad, the article states
that there is still a lot of it running around after AOL signed an
agreement with Netscape in March, 1996 only to sing an even more significant
deal with Microsoft the next day. So their extra month's paycheck AOL
gave them is nothing compared to the 15% market share and subsequent
stock loss.
So, anyone care to speculate how things are really going to work out?
Anyone have any experience with golden handcuffs? Do tell.
Greg