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<channel>
	<title>TechAddress</title>
	<link>http://www.techaddress.com</link>
	<description>Providing the Latest User-Generated and Aggregate Technology News</description>
	<pubDate>Fri, 28 Nov 2008 12:22:22 +0000</pubDate>
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		<title>Netscape cofounder fails at real estate [Bad Ideas]</title>
		<link>http://www.techaddress.com/2007/12/26/netscape-cofounder-fails-at-real-estate-bad-ideas/</link>
		<comments>http://www.techaddress.com/2007/12/26/netscape-cofounder-fails-at-real-estate-bad-ideas/#comments</comments>
		<pubDate>Wed, 26 Dec 2007 21:37:52 +0000</pubDate>
		<dc:creator></dc:creator>
		
		<category>netscape</category>

		<category>Top</category>

		<category>Real Estate</category>

		<category>Bad ideas</category>

		<category>Jim Clark</category>

		<category>Tom Jermoluk</category>

		<guid isPermaLink="false">http://www.techaddress.com/2007/12/26/netscape-cofounder-fails-at-real-estate-bad-ideas/</guid>
		<description><![CDATA[Source:Valleywag  
With airlines preparing to unleash Internet access upon the skies, we&#8217;re entering what Web evangelist Vint Cerf calls &#8220;a ticklish area.&#8221; Confined airplane cabins has generated concern that flights are going to transform into nonstop phone discussions of the latest online porn releases &#8212; so much so that airlines are considering employing content [...]]]></description>
					<content:encoded><![CDATA[<p>Source:<a href="http://feeds.gawker.com/~r/valleywag/full/~3/206688633/the-coming-inflight-wi+fi-nonapocalypse">Valleywag</a>  
<p><img src="http://valleywag.com/assets/resources/2007/12/virigin.jpg">With airlines preparing to unleash Internet access upon the skies, we&#8217;re entering what Web evangelist <a href="http://news.yahoo.com/s/ap/20071224/ap_on_hi_te/airborne_internet">Vint Cerf calls &#8220;a ticklish area.&#8221;</a> Confined airplane cabins has generated concern that flights are going to transform into nonstop phone discussions of the latest online porn releases &#8212; so much so that airlines are considering employing content filters and banning VOIP calls. </p>
<p>Right. As if frequent fliers don&#8217;t already view air travel as a fantastic voyage into hell. There are screaming toddlers, 8-year-olds kicking your seat, and that damn guy who won&#8217;t share the armrest. Phone calls might actually help muffle the din. No, any real road warrior&#8217;s concern will be the new scramble for scarce power outlets. Using Wi-Fi nonstop will drain a laptop battery faster than just watching a porn video you downloaded before takeoff.</p>
<p>
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<img src="http://www.pheedo.com/feeds/tracker.php?i=12e9b7d83cf2de779636bb8d264c88a7"></p>
<p><a href="http://feeds.gawker.com/~a/valleywag/full?a=NYZOdU"><img src="http://feeds.gawker.com/~a/valleywag/full?i=NYZOdU"></img></a></p>
<div>
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<p><img src="http://feeds.gawker.com/~r/valleywag/full/~4/206688633">Source:<a href="http://feeds.gawker.com/~r/valleywag/full/~3/206678958/netscape-cofounder-fails-at-real-estate">Valleywag</a>  
<p><img src="http://valleywag.com/assets/resources/2007/12/BlueCondo.jpg">Jim Clark is finding real estate a tougher game than the new new things he started at Silicon Graphics, Netscape and Healtheon. The <em>New York Times</em> <a href="http://www.nytimes.com/2007/12/26/business/26real.html?_r=1&amp;ref=business&amp;pagewanted=print">reports that five years into a Miami real estate venture</a>, Clark and partner Tom Jermoluk might not be able to repay a $110 million construction loan. 
</p>
<p>The pair also face a potential lawsuit from residents upset at never getting the spa, restaurant and lounge Clark and Jermoluk promised for the building. &#8220;When we closed on the unit and walked through the lobby, we were like &#8216;O.K., this looks kind of bland,&#8217;&#8221; one resident told the <em>Times</em>. &#8220;There&#8217;s nothing for me to do but try and sell it.&#8221; The buyer might have tried checking out the pair&#8217;s full business records &#8212; something even the <em>Times</em> didn&#8217;t bother to do. While he made a mint with Netscape, Clark&#8217;s Healtheon struggled before merging with rival WebMD. SGI is on life support, a shadow of its former self. And Jermoluk is best known among Valley insiders for steering Excite@Home towards bankruptcy amid persistent rumors of a nose-candy problem.</p>
<p>
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<img src="http://www.pheedo.com/feeds/tracker.php?i=d792f19da50a11e72ac87cdcb13f2acb"></p>
<p><a href="http://feeds.gawker.com/~a/valleywag/full?a=8WSJ1w"><img src="http://feeds.gawker.com/~a/valleywag/full?i=8WSJ1w"></img></a></p>
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