this post was submitted on 20 Nov 2025
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Microsoft hurt Netscape, but it was AOL that killed it. At the height of the dotcom bubble, Wall street handed AOL more money than they knew what to do with so AOL bought Netscape. Of course they didn't have any idea what to do with it (they still kept putting IE on the discs they mailed out to people even when they owned Netscape) and it eventually withered away and died.
The people that ran Netscape correctly predicted it would go this way, but it was a ridiculous amount of money AOL was offering. Luckily they made releasing the code as open source as part of the deal.