In 1984 Hearst proposed buying Macintosh 128K computers from college students who could buy them from Apple Computer with an academic discount, and reselling them with a $1500 profit. In 1996, he was a co-founder of the @Home Network Broadband Internet Service with Milo Medin, cable companies TCI, Comcast and Cox Cable where he served as the company's first chief executive officer. In 1995, he was named partner at the Silicon Valley venture capital firm of Kleiner Perkins Caufield & Byers. He sits on several boards of Directors of companies in which the firm has Investments, including Hearst-Argyle Television. He served as a member of the board of Directors of Juniper Networks until May 2008.

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