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Back in 2000 (seriously!), I was introduced to a small group of guys in Redmond, WA. These guys were former Real Networks engineers, and had their original stoc
by jroseattle 11y ago
Back in 2000 (seriously!), I was introduced to a small group of guys in Redmond, WA. These guys were former Real Networks engineers, and had their original stock certificates in frames on the walls.
The product they were building was a cross-platform media player. It would stream music/video/audio/etc. and work on PCs and Macs. They had been in operation for just a few months, and had a great prototype in place. I interviewed with them and really liked their story. They followed up days later and invited me back one more time -- presumably to talk about joining.
A few days later I'm in my car, driving to their location. I actually have a cellular phone and it starts buzzing. I pick up (yes, nobody cared about driving & talking in 2000) and it's my friend who introduced me to these guys. The conversation goes like this:
Me: Hello
Friend: Hey, what are you doing?
Me: I'm on my way to meet with those guys again.
Friend: Are you there yet?
Me: No. Why?
Friend: Turn your car around, and don't drive near that place.
Me: Why?
Friend: Their place is being raided right now. Cops everywhere.
Me: What?
Friend: They are taking away everything.
Me: (turns car around, never speaks with them again)
Real Networks had filed an injunction and the company was raided on charges of stolen intellectual property. I never learned the details, but as my colleague told me later -- he's pretty sure most of what they were doing had been built at Real Networks.
- zerr 11y agoIf they literally stole the assets (source code), that's one thing, but if they just re-used their technical skills and experience - this seems completely legit to me. A lot of successful startups/companies/projects started that way - key people had previous experience in a similar field, in some big enterprises.
- jroseattle 11y agoI can't recall specifics since it was so long ago, but my understanding is that components of the UI had been produced at Real.
- zerr 11y agoAny pointers about that company/persons? Interesting where they ended up and what are they doing now.