"Mr. Draper several years ago developed some Internet-security equipment and started a company. Some clients were interested, but the company foundered when one

"Mr. Draper several years ago developed some Internet-security equipment and started a company. Some clients were interested, but the company foundered when one of its executives, a fellow raver, made off with much of the money from investors, say Mr. Draper and another executive, John Johnson." I remember back in 2001, seeing Draper speak at University of Illinois about his "CrunchBox" security appliance. I got the vibe that he was just repackaging some open source software on it and putting his name on it. I never really heard anything more about it after that talk, though - I guess this explained what happened.