https://web.archive.org/web/20050420081440/http://java.sun.c...
When the appliance market didn't pan out, they went for web browsers and Java applets. Bytecodes were a feature because browsers didn't exectute native code, and because it allowed for sandboxing to limit the attack surface.
Even when Java became more popular on the server than in the browser, the "write once, run everywhere" was considered a major feature: The same bytecode could be distributed everywhere; no need to maintain a heap of different build environments for different CPU architecture and OS combinations.