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October 27, 1999


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Clark's string of successful ventures has roots in a supportive academic setting

In an interview in Building 10 last week, entrepreneur and former Stanford professor Jim Clark and Provost John Hennessy were in a buoyant mood laughing about old times and, more seriously, contemplating the next frontier in scientific knowledge.

The occasion was a most happy one. Clark was on campus to finalize his plans for a $150 million donation to Stanford -- one that will place The Farm at the forefront of scientific innovations that will arise from breaking down traditional barriers between academic disciplines.

"In 1979, we shared a secretary," Clark reminded Hennessy, recalling the days when the two were colleagues in the Department of Electrical Engineering.

"Wow, it doesn't feel like 20 years!" Hennessy said.

Hennessy recalled that Clark had encouraged him to develop the technologies that would later lead him to take a leave from the university to found MIPS Computer Systems. And Clark recalled that Hennessy did some consulting work for him at Silicon Graphics.

Clark traced back to former Engineering School Dean Fred Terman and alumni Bill Hewlett and the late David Packard the "legendary association that exists here between business and academia. Having been in academia, I can tell you that not all academic settings have that orientation -- even today.

"There are a lot of side effects and benefits from having this close association, and Stanford is probably the best example of that in the world."

Clark received a Ph.D. in computer science in 1974 from the University of Utah. He received a B.S. in physics in 1970 and an M.S. in physics from the University of New Orleans in 1971.

He taught as an assistant professor at the University of California-Santa Cruz from 1974 to 1978 before joining Stanford, where he was an associate professor in the Department of Electrical Engineering from 1979 to 1982.

"Once I developed a purpose in life, it was to become a professor. And it's still a part of me, even after I decided to leave," he said.

After developing the geometry engine chip, Clark left Stanford to found Silicon Graphics Inc., where the chip became the core of SGI's technology, providing affordable 3-D computer systems, capable of rendering images interactively and in real time. He served as chairman of the SGI board for 13 years, during which the company grew to more than $4 billion in annual revenues.

In January 1994, Clark left Silicon Graphics. After he met Marc Andreessen, the two founded Netscape to commercialize the World Wide Web with the team of young programmers at the University of Illinois who had written the widely used Internet software tool "Mosaic." Clark served as chairman of Netscape Communications until it was bought by American Online in 1999.

But by then he had already started, in 1996, his newest venture Healtheon Corp., which uses the Internet to link participants in the health care system. Clark will remain chairman of the board of Healtheon until late 1999, when it will be merged with WebMD to create Healtheon/WebMD. WebMD is an Internet portal that offers subscription services to physicians.

Early this year, Clark founded his "next new thing": myCFO Inc., an integrated online financial-management service that helps individuals simplify their finances. Clark serves as founder and chairman of the board of myCFO Inc.

And last week there was news of yet another venture -- Shutterfly.com Inc., a startup that will allow consumers to share and print photographs using digital cameras.

Clark has hobbies, too. Late last year he united his love of technology and sailing to launch a high-tech sailboat with a sophisticated control system that he helped design and engineer. SR