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	<title>AllThingsD &#187; Creutzfeld-Jakob disease</title>
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		<title>Meet Peter Currie, Facebook&#039;s New Money Man (For Now)</title>
		<link>http://allthingsd.com/20090401/meet-peter-currie-facebooks-new-money-man-for-now/</link>
		<comments>http://allthingsd.com/20090401/meet-peter-currie-facebooks-new-money-man-for-now/#comments</comments>
		<pubDate>Wed, 01 Apr 2009 14:11:31 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=11511</guid>
		<description><![CDATA[Back in the heyday, Peter Currie was the money man to see in Silicon Valley.

As CFO of Netscape Communications, he led the famed browser start-up into history, as the first great Internet rocket ship, when it went public on Aug. 9, 1995.

Rising to insane levels, the stock was ground zero of the Internet gold rush, despite the fact that it had no profits to speak of. But it did have a 23-year-old co-founder and tech wunderkind in Marc Andreessen and a growth trajectory that was astounding.

If you think it sounds somewhat similar to Facebook today--where Currie will now help out as temporary financial adviser after the social-networking site parted ways with its CFO, Gideon Yu, yesterday--you are correct.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2009/03/2516540711_ca5b22a4b6.jpg"><img src="http://kara.allthingsd.com/files/2009/03/2516540711_ca5b22a4b6-250x252.jpg" alt="2516540711_ca5b22a4b6" title="2516540711_ca5b22a4b6" width="250" height="252" class="alignright size-medium wp-image-11514" /></a></p>
<p>Back in the heyday, Peter Currie was the money man to see in Silicon Valley.</p>
<p>As CFO of Netscape Communications, he led the start-up into history, as the first great Internet rocket ship, when it went public on Aug. 9, 1995.</p>
<p>With the first consumer-friendly browser software, which made the Web easily understandable to the masses, Netscape was at the red-hot center of the nascent digital revolution.</p>
<p>&#8220;Wall Street went bonkers,&#8221; said one news reporter about the IPO, and the craziness did not stop for quite a while.</p>
<p>Rising to insane levels, the stock was ground zero of the Internet gold rush too, despite the fact that it had no profits to speak of.</p>
<p>But it did have a 23-year-old co-founder and tech wunderkind in Marc Andreessen, and a growth trajectory that was astounding.</p>
<p>If you think it sounds somewhat similar to Facebook today&#8211;where <a href="http://kara.allthingsd.com/20090331/former-netscape-cfo-peter-currie-will-be-new-facebook-financial-adviser-until-new-cfo-is-found/">Currie will now help out as temporary financial adviser</a> after the social-networking site <a href="http://kara.allthingsd.com/20090331/facebook-cfo-gideon-yu-out-fast-growing-social-network-says-its-doing-fine-financially/">parted ways with its CFO, Gideon Yu, yesterday, following mutual disagreements</a> and announced a search for a replacement&#8211;you are correct.</p>
<p>In that job, the 53-year-old Currie will be helping Facebook CEO and founder Mark Zuckerberg, 24, navigate&#8211;albeit temporarily&#8211;through some stormy economics seas on a journey that will hopefully end in an initial public offering.</p>
<p>The search for a new CFO will also involve Currie, obviously, and will be conducted by Jim Citrin of Spencer Stuart.</p>
<p>But until a new CFO is in place, Facebook&#8217;s quest still entails sorting out a substantive advertising monetization strategy while also keeping up its speedy growth rates and managing the high costs that mount with its popularity.</p>
<p>That certainly was Netscape&#8217;s major challenge, which it never met successfully and which was made worse by intense attacks from Microsoft (MSFT) on Netscape&#8217;s core browser business.</p>
<p>That eventually led to the antitrust trial against the software giant, even as Netscape saw its star fall dramatically.</p>
<p>It was sold to AOL in 1998 for $4 billion, a shadow of its bubble valuation, and is <a href="http://netscape.aol.com/">now more of a footnote</a> than an ongoing tech product (although the now-popular Mozilla browser is a direct descendant of Netscape).</p>
<p>In fact, in 2008, Time Warner (TWX) online unit AOL dropped its support for the Netscape browser and said it was no longer releasing new versions.</p>
<p>Still, a lot of former Netscape execs now hold other key jobs in the Web space.</p>
<p>Its investor relations exec, <a href="http://kara.allthingsd.com/20080718/sure-the-cbs-cnet-deal-seems-crazy-but-maybe-in-a-good-way/">Quincy Smith</a>, now heads up the digital arm of CBS (CBS), for example.</p>
<p>And Andreessen has started a number of companies and has transformed himself into an kind of elder statesman of Silicon Valley of late, as well as a <a href="http://kara.allthingsd.com/20090220/marc-andreessens-new-venture-fund-project-a">newly minted venture investor</a>.</p>
<p><a href="http://kara.allthingsd.com/files/2009/04/picture-2091.jpg"><img src="http://kara.allthingsd.com/files/2009/04/picture-2091.jpg" alt="picture-2091" title="picture-2091" width="197" height="150" class="alignleft size-full wp-image-11522" /></a></p>
<p>Andreessen, many sources said, was a shadow influence on Zuckerberg&#8217;s decisions related to Yu, with whom relations had gotten tense, and to bring in Currie (pictured here).</p>
<p>Currie is certainly a great choice, in terms of the close-knit tech sector&#8217;s respect and experience.</p>
<p>Currie is also unusually tall, aggressively avuncular and laid-back, loves Elvis and enjoys pranking reporters like BoomTown. (Case in point: He once tried to spread the rumor that I am short due to a medical condition.)</p>
<p>Now the president of Currie Capital, a private investment firm, he had previously worked at General Atlantic in private equity.</p>
<p>After Netscape, he was a partner and co-founder of the Barksdale Group, an early-stage venture capital firm.</p>
<p>Before Netscape, he was CFO of McCaw Cellular Communications and also worked at Morgan Stanley (MS).</p>
<p>Currie is also board-happy, serving as a director of a variety of tech firms, private and public. They have included CNET Networks, Critical Path, Clearwire (CLWR), Safeco, Ofoto, Tellme Networks and Zantaz, as well as Sun Microsystems (JAVA).</p>
<p>He has an MBA from Stanford University and went to Williams College.</p>
<p>Here is the <a href="http://kara.allthingsd.com/20070615/the-fight-for-mike/">video interview I did with Currie</a> and others at an event to support his friend and former Netscape exec <a href="http://kara.allthingsd.com/20090201/farewell-to-mike-homer">Mike Homer, who recently died of Creutzfeldt-Jakob disease</a> (Currie is at the 2:16-minute mark):</p>
<p><div class="video-wsj"><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={979509566}&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="320" height="240" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></p>
<p>(<em>Image of Netscape IPO T-shirt <a href="http://www.flickr.com/photos/intothefuzz/2516540711/">courtesy of intothefuzz on Flickr</a>.)</em></p>
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		<title>Mike Homer Laid to Rest Today</title>
		<link>http://allthingsd.com/20090205/mike-homer-laid-to-rest-today/</link>
		<comments>http://allthingsd.com/20090205/mike-homer-laid-to-rest-today/#comments</comments>
		<pubDate>Thu, 05 Feb 2009 13:00:04 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=9439</guid>
		<description><![CDATA[Many BoomTown readers have asked for more information and also about services for well-known Silicon Valley exec Mike Homer, who died earlier this week after a severe and unusual illness.

His funeral is today at 10:30 a.m. at Saint Raymond Catholic Church in Menlo Park.

A "Friends of Mike Homer" Facebook group page has also been created, with lots of great memories posted on its wall.]]></description>
			<content:encoded><![CDATA[<p>Many BoomTown readers have asked for more information and also about the funeral for well-known Silicon Valley exec Mike Homer, who <a href="http://kara.allthingsd.com/20090201/farewell-to-mike-homer/">died earlier this week after a severe and unusual illness</a>.</p>
<p>His funeral is today at 10:30 a.m. at Saint Raymond Catholic Church in Menlo Park.</p>
<p><a href="http://kara.allthingsd.com/files/2009/02/homer.jpg"><img src="http://kara.allthingsd.com/files/2009/02/homer.jpg" alt="" title="homer" width="194" height="209" class="alignright size-medium wp-image-9443" /></a></p>
<p>A <a href="http://www.facebook.com/group.php?gid=58672612717&#038;ref=ts">&#8220;Friends of Mike Homer&#8221; Facebook group page</a> has also been created, with lots of great memories posted on its wall.</p>
<p>In 2007, <a href="http://kara.allthingsd.com/20070615/the-fight-for-mike/">Homer (pictured here with Netscape co-founder Marc Andreessen) was diagnosed </a> with Creutzfeldt-Jakob disease.</p>
<p>A rare, neurodegenerative &#8220;prion&#8221; disease, which in Homer&#8217;s case occurred sporadically rather than via infection (the well-known variant that occurs in animals is called mad cow disease), CJD&#8217;s incidence is one case in a million annually, and few survive beyond a year after exhibiting symptoms.</p>
<p>There is no known cure for CJD, and treatments have been few. That might change, given the push that Homer, his family and friends had been making to accelerate the pace of discovery for treatments and a cure by raising many millions of dollars for the cause and pushing for even more aggressive development.</p>
<p>Here is the obituary that the Homer family wrote:</p>
<p><em><strong>Michael (Mike) J. Homer: February 24, 1958-February 1, 2009</strong></p>
<p>Mike Homer, high-technology executive, passed away on February 1, 2009 at his home in Atherton. He suffered from the rare neurodegenerative disorder Creutzfeldt-Jakob disease, known as CJD. Mike, 50, is survived by his wife of ten years Kristina and their three children, James, Jack and Lucy, as well as his mother Irene and sister Sue. In addition to family, he leaves a legion of friends, colleagues and business associates, including his best friend, Bill Campbell. Everyone who knew Mike will miss his extraordinary intellect, tenacity, fierce loyalty and of course, his hearty sense of humor.</p>
<p>Mike was born and raised in San Francisco, attended St. Ignatius College Prep, and treasured the many lifelong friendships developed during those years. He earned a Bachelor of Science degree from the University of California at Berkeley. A Silicon Valley presence for more than twenty years, Mike launched his career at Apple, excelling as both a technical innovator and savvy marketer. He held executive positions at GO and EO, before making an indelible mark on the success of Internet pioneer Netscape. Mike was an active board member at Opsware and Palm, and an investor and advisor to Tellme Networks, Tivo and Google. He started Kontiki and Open Media Network and served on the board of Cinequest. His appreciation for film led to the role of executive producer for an award-winning documentary, &#8220;Speed and Angels.&#8221;</p>
<p>All who have enjoyed the privilege of knowing Mike would agree that his love of family defined his success even more than his professional accomplishments. Mike enjoyed every opportunity to share his free time with family and close friends, gathering for backyard BBQs or Tahoe getaways that always included plenty of boat rides. An avid baseball fan, Mike could often be found cheering for the San Francisco Giants at the stadium or at The Old Pro in Palo Alto surrounded by a table filled with friends. He inherited his love of baseball from his father Jim, passed it onto his own children, and jumped at the chance to coach both of his son&#8217;s little league teams.</p>
<p>Often sought after for his sage advice, Mike was always generous with his time and friendship. Mentoring was a way of life for him and he took great pleasure in sharing his expertise with others. His larger than life personality and genuine warmth will be profoundly missed by all whose lives he touched, and his legacy reflected in part by their accomplishments.</p>
<p>Mike was also a philanthropist. He and Kristina started The Homer Family Foundation to fund education and programs for the underprivileged. He was a major donor to the Ronald McDonald House at Stanford, The Haas Center for Responsible Business at Berkeley, The Computer History Museum and The California Institute for Quantitative Biosciences at UCSF. This past fall, Sacred Heart High School in Atherton unveiled the Michael J. Homer Science and Student Life Center.</p>
<p>A rosary will be recited at 7:00 p.m. on Wednesday, February 4 at the Church of the Nativity, 210 Oak Grove Avenue in Menlo Park. On Thursday, February 5 at 10:30 a.m., a service will be held to honor Mike&#8217;s extraordinary life at Saint Raymond Catholic Church, 1100 Santa Cruz Avenue in Menlo Park.</p>
<p>In lieu of flowers, donations can be made to Creuzfeldt-Jakob Disease Foundation at www.cjdfoundation.org.</em></p>
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