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Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:00:01,001 --> 00:00:03,437 BARKSDALE: AOL is a hell of a brand. 2 00:00:03,471 --> 00:00:06,307 AOL EXECUTIVE: If we combine our strengths, we can build a firewall against Microsoft. 3 00:00:06,340 --> 00:00:09,110 BARKSDALE: Very next day, AOL announced a deal with Microsoft. 4 00:00:09,143 --> 00:00:12,012 They bundled Internet Explorer into their operating system. 5 00:00:12,346 --> 00:00:13,781 MARC: How long? 6 00:00:13,814 --> 00:00:16,317 BARKSDALE: Three or four quarters before it blows up our bottom line. 7 00:00:16,350 --> 00:00:18,052 WISKOWSKI: You can stop selling. We're in. 8 00:00:18,086 --> 00:00:22,123 DAN: This guy who has been calling himself Michael Fenne is really David Kim Stanley, 9 00:00:22,156 --> 00:00:24,192 a fugitive of the law. 10 00:00:24,225 --> 00:00:25,393 MICHAEL: iBash! 11 00:00:25,426 --> 00:00:28,629 This is the biggest star-studded musical event ever! 12 00:00:28,996 --> 00:00:30,431 BARRY: I was thinking, we should do a test run. 13 00:00:30,464 --> 00:00:32,032 MICHAEL: Why would I do that? 14 00:00:32,066 --> 00:00:34,235 BARRY: To find out if there are any kinks and, if there are, iron them out. 15 00:00:34,268 --> 00:00:36,504 STEPHAN: These IPOs are becoming this rite of passage 16 00:00:36,537 --> 00:00:37,905 that legitimizes these companies. 17 00:00:37,938 --> 00:00:40,741 How great will it be when we can just get back to running our company. 18 00:00:40,774 --> 00:00:42,376 TODD: 30 million more in capital to play with? 19 00:00:42,410 --> 00:00:43,844 Pretty great. 20 00:00:43,877 --> 00:00:45,813 STEPHAN: Are we going to price? Is this thing going through or what? 21 00:00:45,846 --> 00:00:47,248 BANKER: Yes. Yep we are! 22 00:00:47,281 --> 00:00:48,482 PIT BOSS: 87! 23 00:00:48,516 --> 00:00:49,650 -87! 24 00:00:49,683 --> 00:00:51,452 (celebrating). 25 00:00:51,485 --> 00:00:53,621 * Get that money 26 00:00:53,654 --> 00:00:55,456 * It'll make you scream and shout * 27 00:00:55,489 --> 00:00:57,591 * Get that money 28 00:00:57,625 --> 00:00:59,460 * Yeah that's what it's all about * 29 00:01:02,196 --> 00:01:04,198 * You like it baby 30 00:01:04,798 --> 00:01:06,800 * Get that money 31 00:01:06,834 --> 00:01:08,702 * It'll make you scream and shout * 32 00:01:08,736 --> 00:01:11,239 * Get that money 33 00:01:11,272 --> 00:01:13,174 * Yeah that's what it's all about * 34 00:01:13,207 --> 00:01:14,475 * Get that money 35 00:01:14,508 --> 00:01:15,709 * You know you like it baby 36 00:01:15,743 --> 00:01:17,611 * Give it to me 37 00:01:17,645 --> 00:01:19,447 * Money 38 00:01:19,480 --> 00:01:21,682 * Get that money 39 00:01:22,116 --> 00:01:25,486 * Oh * 40 00:01:25,519 --> 00:01:28,122 GUY: You suck! 41 00:01:38,932 --> 00:01:42,603 DARRIN: On the day of the IPO, Globe.com stock hit $97 a share. 42 00:01:43,404 --> 00:01:45,673 Two months later, it had dropped to $22. 43 00:01:46,807 --> 00:01:49,477 Now what dramatic misstep had Paternot and Krizelman made? 44 00:01:49,510 --> 00:01:51,445 They hadn't. 45 00:01:51,479 --> 00:01:53,681 That was just the nature of the market during the boom. 46 00:01:53,714 --> 00:01:56,350 Valuations were all over the map. 47 00:01:56,384 --> 00:01:59,253 Was TheGlobe ever actually a billion-dollar company? 48 00:01:59,887 --> 00:02:02,823 I don't know, but I will tell you this: 49 00:02:02,856 --> 00:02:07,195 the same people that love you for turning their $2000 into $200,000 50 00:02:07,228 --> 00:02:09,663 are singing a different tune when those winnings go bye-bye. 51 00:02:09,697 --> 00:02:11,565 MAN: Bye-bye. 52 00:02:13,701 --> 00:02:17,571 DARRIN: You're no longer the whiz kids who with drive and ingenuity 53 00:02:17,605 --> 00:02:20,208 built something revolutionary. 54 00:02:20,241 --> 00:02:22,410 You're the sons of bitches destroying their nest egg. 55 00:02:23,811 --> 00:02:26,314 You see, that's the deal with playing on the big stage. 56 00:02:26,347 --> 00:02:27,948 The whole world is watching. 57 00:02:27,981 --> 00:02:31,385 Rooting for you to reach those magical heights, and waiting for you to slip up, 58 00:02:31,985 --> 00:02:34,555 praying you do, and then cursing you for it. 59 00:02:34,588 --> 00:02:38,792 But all you can do is keep on dancing and hope your next move will send you shooting 60 00:02:38,826 --> 00:02:40,661 right back up them pop charts. 61 00:02:40,694 --> 00:02:42,196 (chokes). 62 00:02:42,230 --> 00:02:43,797 Lemme go, lemme go, lemme go! 63 00:02:44,932 --> 00:02:46,300 Hey! 64 00:02:46,334 --> 00:02:47,501 Hey, hey, hey, hey, hey! 65 00:02:47,535 --> 00:02:48,869 What are you doing, son?! 66 00:02:48,902 --> 00:02:50,204 Square your shoulders. 67 00:02:50,238 --> 00:02:52,206 Make sure your back foot is perpendicular with your throwing hand. 68 00:02:52,240 --> 00:02:53,307 You ready? 69 00:02:53,341 --> 00:02:55,243 Launch. 70 00:02:56,310 --> 00:02:58,379 Oh-oh, whoo! 71 00:02:58,412 --> 00:03:00,648 From now on, that's how you throw! 72 00:03:01,081 --> 00:03:04,318 I had 3000 shares of Globe.com stock. 73 00:03:23,537 --> 00:03:25,706 BARKSDALE: DOJ moving ahead with the anti-trust, 74 00:03:25,739 --> 00:03:27,775 that was uh, a good thing. 75 00:03:27,808 --> 00:03:31,945 But it didn't change the fact that we lost $88 million that quarter. 76 00:03:33,581 --> 00:03:35,949 Had to lay off a fifth of the work force. 77 00:03:36,250 --> 00:03:39,420 About 500 people. 78 00:03:39,453 --> 00:03:42,690 ROSEANNE: This idea that we actually had to let people go, that after this crazy growth, 79 00:03:42,723 --> 00:03:44,925 quarter after quarter after quarter. 80 00:03:44,958 --> 00:03:48,829 That we'd come to this place where it just was what had to happen? 81 00:03:49,330 --> 00:03:51,265 TARA: These are people that you have spent. 82 00:03:51,299 --> 00:03:53,534 80% of your waking hours with. 83 00:03:53,567 --> 00:03:56,870 BARKSDALE: We were not selling as much as we had hoped to sell. 84 00:03:56,904 --> 00:04:00,441 And we had hired a lot of people and we had to lay some people off. 85 00:04:00,474 --> 00:04:01,975 You hate to do that. 86 00:04:02,009 --> 00:04:05,646 You just hate it, but it was necessary. 87 00:04:06,347 --> 00:04:08,782 It was the only way to stay pushing ahead. 88 00:04:08,816 --> 00:04:11,485 REPORTER: Mr. Barksdale, do you anticipate more layoffs? 89 00:04:11,519 --> 00:04:13,354 REPORTER: What do you say to investors panicking about the stock price? 90 00:04:13,387 --> 00:04:15,423 REPORTER: How much more market share can Netscape afford to lose? 91 00:04:15,456 --> 00:04:16,990 BARKSDALE: How you all doin'? 92 00:04:17,024 --> 00:04:18,659 ROSEANNE: There's a ton of interest still. 93 00:04:18,692 --> 00:04:21,295 The sales people are out selling like crazy, 94 00:04:21,329 --> 00:04:23,831 their phones are still ringing like crazy. 95 00:04:23,864 --> 00:04:27,335 We're expanding all over the world, so we're just trying to 96 00:04:27,368 --> 00:04:30,404 fend off the ideas that we are dying. 97 00:04:30,438 --> 00:04:32,673 Trying to project a very positive image. 98 00:04:32,706 --> 00:04:34,608 REPORTER: Is Netscape dead? 99 00:04:34,642 --> 00:04:36,744 BARKSDALE: You all take care now. 100 00:04:37,545 --> 00:04:39,313 ROSEANNE: There's me personally who thought, 101 00:04:39,347 --> 00:04:40,948 "Oh God! This is lookin' bad." 102 00:04:40,981 --> 00:04:42,483 And then there's me. 103 00:04:42,516 --> 00:04:43,984 VP of Corporate Communications who said, 104 00:04:44,017 --> 00:04:45,486 "Okay! What are we doing next?" 105 00:04:45,519 --> 00:04:49,089 They're gonna ask, but let's not get stuck in the whys and the what fors 106 00:04:49,122 --> 00:04:50,290 of how we got here. 107 00:04:50,324 --> 00:04:52,926 We need to be projecting confidence about Netscape's future. 108 00:04:52,960 --> 00:04:55,729 MARC: Happy, peppy, bursting with love, got it. 109 00:04:55,763 --> 00:04:59,667 ROSEANNE: Yeah, so as much as you can, let's just guide them toward our strategy. 110 00:04:59,700 --> 00:05:01,935 MARC: Are we going to have enough embalming fluid? 111 00:05:02,570 --> 00:05:06,940 ROSEANNE: Netscape as the Comeback Kid, how we're re-emerging 112 00:05:06,974 --> 00:05:09,042 MARC: You know, to get the dead body ready for viewing, so everyone can ooh and ahh 113 00:05:09,076 --> 00:05:10,578 about how lifelike everything looks. 114 00:05:10,611 --> 00:05:11,912 Look at the corpse! 115 00:05:11,945 --> 00:05:12,946 ROSEANNE: For crying out loud, Marc! 116 00:05:12,980 --> 00:05:14,848 Really, please. 117 00:05:14,882 --> 00:05:16,950 MARC: It's just a joke, Rosanne. Lighten up. 118 00:05:16,984 --> 00:05:18,386 ROSEANNE: I'm just trying to do my job. 119 00:05:18,419 --> 00:05:20,120 MARC: Which apparently entails talking through every single detail 120 00:05:20,153 --> 00:05:21,989 till we're blue in the face. 121 00:05:22,022 --> 00:05:23,791 ROSEANNE: Maybe if you'd shut up with your cute remarks, 122 00:05:23,824 --> 00:05:25,493 we could have been done ten minutes ago. 123 00:05:25,526 --> 00:05:26,860 MARC: Maybe if we didn't have this meeting at all, I could have been home sleeping. 124 00:05:26,894 --> 00:05:30,097 ROSEANNE: I'm so sorry I dragged you out of bed at the crack of 10:30. 125 00:05:30,130 --> 00:05:32,032 MARC: Hey, I was here last night until 4, okay? 126 00:05:32,065 --> 00:05:34,602 BARKSDALE: Alright, alright, that's enough. 127 00:05:34,635 --> 00:05:37,705 This is not a position any of us want to be in. 128 00:05:37,738 --> 00:05:40,441 I mean, emotions are running high. 129 00:05:40,474 --> 00:05:43,844 We've got the layoffs, the hit on the stock price. 130 00:05:44,578 --> 00:05:48,516 Jim Clark personally lost a billion dollars last month. 131 00:05:49,016 --> 00:05:52,085 Rumor is he might even have to downsize to a smaller island. 132 00:05:52,720 --> 00:05:54,622 CLARK: I feel like you're minimizing my hardship. 133 00:05:54,655 --> 00:05:56,990 BARKSDALE: C'mon, I'd never do that. 134 00:05:59,460 --> 00:06:02,463 MARC: Rosanne, I've done this hundreds of times. 135 00:06:02,496 --> 00:06:05,032 I know what to say and what not to say. 136 00:06:05,065 --> 00:06:06,233 ROSEANNE: Great. 137 00:06:06,266 --> 00:06:10,438 BARKSDALE: Ok, look, no tree grows all the way to heaven, 138 00:06:10,471 --> 00:06:14,408 but we got a lot of life left in us here. 139 00:06:14,442 --> 00:06:17,177 This is a helluva tree. 140 00:06:17,210 --> 00:06:19,513 We just need to trim away some of the unhealthy branches and 141 00:06:19,547 --> 00:06:21,682 get this thing strong and growing again. 142 00:06:21,715 --> 00:06:23,050 CLARK: Even if we end up selling it for the lumber. 143 00:06:23,083 --> 00:06:24,084 BARKSDALE: Ok, Jim. 144 00:06:24,117 --> 00:06:25,318 CLARK: No one's shelling out for a dead tree. 145 00:06:25,352 --> 00:06:30,558 BARKSDALE: Jim, Jim, c'mon, what I'm saying is, you know, 146 00:06:30,591 --> 00:06:34,161 stay civil, get back to work. 147 00:06:34,194 --> 00:06:38,165 ROSEANNE: But we also have to be clearer about what our strategy is going forward, 148 00:06:38,198 --> 00:06:42,102 because if indeed we cannot compete on the browser, 149 00:06:42,135 --> 00:06:45,005 then we have to convince people 150 00:06:45,038 --> 00:06:47,074 that there's some other reason to come to Netscape. 151 00:06:47,107 --> 00:06:49,042 That was our job. 152 00:06:50,844 --> 00:06:56,083 DAN: iBash was Pixelon's plan to make the biggest splash 153 00:06:56,684 --> 00:06:59,019 in a world where dot-coms were 154 00:06:59,052 --> 00:07:01,922 constantly trying to outdo each other. 155 00:07:01,955 --> 00:07:04,992 BRIAN: Everybody's vying for eyeballs, trying to get people to pay attention so what 156 00:07:05,025 --> 00:07:07,461 better way to get somebody to pay attention to you than throw this big, 157 00:07:07,495 --> 00:07:09,630 crazy party in Vegas. 158 00:07:09,663 --> 00:07:13,801 MARK: I've been investing in technology companies my entire adult life. 159 00:07:13,834 --> 00:07:19,206 There are certain red flags that I always look for that tell me the company's a scam, 160 00:07:20,073 --> 00:07:23,877 and probably the biggest one, the most enormous red flag 161 00:07:23,911 --> 00:07:27,481 for any potential investment is 162 00:07:27,515 --> 00:07:31,719 throwing a party and the bigger the party, the bigger the scam. 163 00:07:32,252 --> 00:07:34,688 No exceptions. 164 00:07:34,722 --> 00:07:39,192 Pixelon is the poster boy for 165 00:07:39,226 --> 00:07:42,095 the bigger the party, the bigger the scam. 166 00:07:42,129 --> 00:07:46,634 MICHAEL: Ok, so he's doing a set in this little club in Greenwich Village. 167 00:07:48,201 --> 00:07:51,705 And it's early in his career, he's still going by his birth name, Anthony Benedetto. 168 00:07:52,806 --> 00:07:55,576 So he nearly pees his drawers, because who's in the audience that night? 169 00:07:56,644 --> 00:07:58,779 Mr. Bob Hope. 170 00:07:58,812 --> 00:08:00,047 TOADY: Bob Hope the comedian? 171 00:08:00,080 --> 00:08:01,448 MICHAEL: No, Bob Hope the plumber. 172 00:08:01,481 --> 00:08:03,784 And he was taking in a show with his butcher friend, Bing Crosby, 173 00:08:03,817 --> 00:08:06,086 and Elizabeth Taylor the court stenographer. 174 00:08:10,123 --> 00:08:12,526 I'm just joshin' with ya, Don. 175 00:08:12,560 --> 00:08:15,729 Of course Bob is wowed by the show, and he asks Tony to tour with him, 176 00:08:15,763 --> 00:08:20,768 but he says, "Kid, Anthony Benedetto's just too long for the marquee. 177 00:08:20,801 --> 00:08:22,870 How 'bout we call you Tony Bennett?" 178 00:08:22,903 --> 00:08:25,973 So Tony may have left his heart in San Francisco, 179 00:08:26,006 --> 00:08:28,809 but he left his name in Greenwich Village. 180 00:08:29,977 --> 00:08:33,647 JOYCE: I can't believe that your husband had drinks with Tony Bennett. 181 00:08:33,681 --> 00:08:35,082 MICHAEL: Hey due diligence. 182 00:08:35,115 --> 00:08:38,786 I had to make sure that those pipes were still in primo condition. 183 00:08:39,887 --> 00:08:41,955 SHEILA: You think everyone can meet him after the show tomorrow? 184 00:08:41,989 --> 00:08:43,624 MICHAEL: Oh, sure, I'll give him a call first thing once we arrive. 185 00:08:43,657 --> 00:08:44,958 PAUL: To iBash! 186 00:08:44,992 --> 00:08:46,827 TOADY: To Michael Fenne! 187 00:08:46,860 --> 00:08:49,162 MICHAEL: To God. 188 00:08:49,196 --> 00:08:51,732 ALL: To God. 189 00:08:54,001 --> 00:08:57,738 BARKSDALE: There was a movement going on in that time, about how 190 00:08:57,771 --> 00:09:02,209 if you had open source with many people contributing to a software product, 191 00:09:02,242 --> 00:09:05,846 you had a much better chance of developing something great, 192 00:09:05,879 --> 00:09:08,281 than if you just had a few people working on it. 193 00:09:08,315 --> 00:09:12,820 We put the Netscape browser up as an open-source contribution to this movement. 194 00:09:13,420 --> 00:09:14,554 TARA: Do not toy with me. 195 00:09:14,588 --> 00:09:17,324 JEFF: I'm not toying with you. I never toy with people. 196 00:09:17,357 --> 00:09:20,894 SEAN: It would require a level of cleverness I wouldn't normally associate with him. 197 00:09:20,928 --> 00:09:25,699 BARKSDALE: And the open source effort, the software was called Mozilla. 198 00:09:26,333 --> 00:09:28,702 TARA: Open source? Seriously? 199 00:09:28,736 --> 00:09:30,337 SEAN: I'm telling you, it's happening. 200 00:09:30,370 --> 00:09:33,674 TARA: They said, alright, we have this crazy idea that's gonna help us compete, 201 00:09:34,341 --> 00:09:36,910 we're going to release the open source of the browser 202 00:09:36,944 --> 00:09:39,279 and get open source developers to help us. 203 00:09:40,047 --> 00:09:43,116 SPENCE: The Net was used mainly by engineers, researchers, 204 00:09:43,150 --> 00:09:47,655 some companies, universities to share information, to allow everyone to benefit from what 205 00:09:47,688 --> 00:09:49,890 one person, or one team has figured out. 206 00:09:49,923 --> 00:09:51,825 JEFF: My famous chicken salad. 207 00:09:51,859 --> 00:09:53,326 People ask for the recipe all the time, 208 00:09:53,360 --> 00:09:55,863 and I'm always like it's none of your beeswax. 209 00:09:55,896 --> 00:09:57,798 But that was the old me. 210 00:09:57,831 --> 00:10:00,868 New me is like, you want the recipe, it's yours. 211 00:10:00,901 --> 00:10:03,036 I'll even do you one better: 212 00:10:03,070 --> 00:10:05,906 you have ideas on how to improve on my creation, go for it. 213 00:10:07,374 --> 00:10:09,276 Fontina cheese. Nice. 214 00:10:09,309 --> 00:10:11,011 -Cherry mostarda. 215 00:10:11,044 --> 00:10:12,813 JEFF: No clue what that is, but looks good. 216 00:10:12,846 --> 00:10:14,581 I definitely know what that is. 217 00:10:14,614 --> 00:10:19,186 SPENCE: We were all about this history of open collaboration and creation and research. 218 00:10:19,987 --> 00:10:21,922 JEFF: Ok. 219 00:10:21,955 --> 00:10:23,423 SPENCE: We understood the value of sharing and 220 00:10:23,456 --> 00:10:25,125 the Internet was really all about that. 221 00:10:25,158 --> 00:10:26,727 JEFF: Ok. 222 00:10:26,760 --> 00:10:28,395 So maybe I'd have thought to add at least some of those ingredients on my own, 223 00:10:28,428 --> 00:10:32,265 but even if I did, it's not like I have a huge team working on this and I don't 224 00:10:32,299 --> 00:10:35,268 have time to fry the bacon, make the mostara, go to the store and get the cheese. 225 00:10:35,302 --> 00:10:36,770 I'm hungry now! 226 00:10:36,804 --> 00:10:40,073 So with the help of this outside community of chicken salad aficionados, 227 00:10:40,107 --> 00:10:43,076 I have this tasty looking sandwich in a fraction of the time. 228 00:10:43,643 --> 00:10:46,246 Basically, that's open source. 229 00:10:46,279 --> 00:10:50,283 SPENCE: Choosing to open source the browser was a perfect maneuver in my mind. 230 00:10:50,918 --> 00:10:53,921 JEFF: So you're thinking, great, he's got a delicious sandwich, 231 00:10:53,954 --> 00:10:56,690 but everyone knows the recipe, what's he gettin' out of this? 232 00:10:56,724 --> 00:10:59,159 Well, a tasty sandwich is gonna attract eyeballs. 233 00:10:59,860 --> 00:11:03,797 And while checking out your sando, those eyeballs may take notice of some of the other 234 00:11:03,831 --> 00:11:05,933 things you have to offer. 235 00:11:05,966 --> 00:11:08,435 WOMAN: Any chance I could have a bite of that sandwich? 236 00:11:08,468 --> 00:11:09,636 JEFF: Sure. 237 00:11:09,669 --> 00:11:13,040 Should we eat it Lady and the Tramp style? 238 00:11:13,073 --> 00:11:14,942 WOMAN: Ew. 239 00:11:19,146 --> 00:11:21,915 JEFF: Obviously they have to like the other things you're offering. 240 00:11:21,949 --> 00:11:24,918 ROSEANNE: To do something like that, that 80 million, 90 million people would be using? 241 00:11:24,952 --> 00:11:27,254 That's certainly unprecedented at the time. 242 00:11:28,055 --> 00:11:32,225 SPENCE: Because it was sorta flying in the face of what Microsoft was doing and what, 243 00:11:32,259 --> 00:11:35,763 you know, Wall Street and the press understood what was supposed to happen. 244 00:11:36,329 --> 00:11:39,066 ROSEANNE: You know, that's what we did in releasing our initial browser back in, 245 00:11:39,099 --> 00:11:40,467 you know, '94! 246 00:11:40,500 --> 00:11:44,772 And here we were again, it felt like returning to our audacious roots, 247 00:11:44,805 --> 00:11:46,073 you know? 248 00:11:46,106 --> 00:11:47,407 And I loved that. 249 00:11:47,440 --> 00:11:50,811 SPENCE: It paved the way for the Mozilla project now, and Firefox, 250 00:11:50,844 --> 00:11:53,313 the Chrome team from Google, definitely influenced, 251 00:11:53,346 --> 00:11:54,948 everything has been influenced by it. 252 00:12:03,423 --> 00:12:06,159 DAN: My job at the The Industry Standard was a reporter. 253 00:12:06,693 --> 00:12:11,398 I first met Michael Fenne when iBash happened. 254 00:12:11,965 --> 00:12:13,366 MICHAEL: We have this proprietary technology. 255 00:12:13,400 --> 00:12:17,037 Revolutionary technology, $28 million in the bank because our friends at 256 00:12:17,070 --> 00:12:20,974 Advanced Equities, out there in Chicago, they recognize that Pixelon has built a pipeline 257 00:12:21,008 --> 00:12:22,475 to the future. 258 00:12:22,509 --> 00:12:25,545 And it struck me: hey, we can't keep hiding our light under a bushel. 259 00:12:25,578 --> 00:12:29,950 iBash is our candlestick and it's gonna giveth light all over the world. 260 00:12:30,617 --> 00:12:32,853 DAN: I'd really love to hear more about what brought you to this point. 261 00:12:32,886 --> 00:12:35,789 You know, how does a kid from Appalachia end up a tech pioneer? 262 00:12:36,456 --> 00:12:38,258 You are from Appalachia, right? 263 00:12:38,291 --> 00:12:40,794 MICHAEL: What makes you say that? 264 00:12:40,828 --> 00:12:42,129 DAN: I had a girlfriend whose family was from there. 265 00:12:42,162 --> 00:12:43,363 Your accent. 266 00:12:43,396 --> 00:12:45,098 MICHAEL: What accent? 267 00:12:48,168 --> 00:12:52,305 We've got the biggest names in all of music, nobody's gonna give a tinker's cuss who 268 00:12:52,339 --> 00:12:53,907 Michael Fenne is. 269 00:12:53,941 --> 00:12:56,376 Hey Paul, c'mere, I want you to meet Dan Goodin. 270 00:12:56,409 --> 00:12:59,146 He's a reporter doing a story on our rise to glory. 271 00:12:59,779 --> 00:13:02,215 DAN: And saying that the reason that he's doing it is so that he can make this major 272 00:13:02,249 --> 00:13:04,451 splash and get, get all of this attention. 273 00:13:04,484 --> 00:13:08,155 And yet, he's meeting a reporter, and he's, he doesn't wanna answer any questions 274 00:13:08,188 --> 00:13:09,823 about his personal life. 275 00:13:09,857 --> 00:13:11,859 He doesn't want any pictures of him taken. 276 00:13:11,892 --> 00:13:15,896 And he seems not at all comfortable being the topic of conversation. 277 00:13:16,629 --> 00:13:19,099 MICHAEL: Paul here is our newly christened CEO. 278 00:13:19,132 --> 00:13:21,601 He still has a few glass shards on his shirt sleeve where I smashed him with a 279 00:13:21,634 --> 00:13:23,904 champagne bottle. 280 00:13:27,875 --> 00:13:30,844 Alright, can you go check on how my wife and see how she's getting on with those kids? 281 00:13:30,878 --> 00:13:31,912 PAUL: I'm on it. 282 00:13:31,945 --> 00:13:33,213 MICHAEL: Thank you, Paul. 283 00:13:33,246 --> 00:13:38,351 Yeah, we invited a group of disadvantaged children to iBash. 284 00:13:39,019 --> 00:13:41,188 Leann Rimes, she helped spearhead it. 285 00:13:41,221 --> 00:13:42,489 Lovely young lady. 286 00:13:42,522 --> 00:13:44,224 And beautiful voice. 287 00:13:44,257 --> 00:13:46,159 She, oh, wait, are you more of a Who fan? 288 00:13:46,193 --> 00:13:47,127 DAN: I love The Who. 289 00:13:47,160 --> 00:13:49,362 MICHAEL: I knew it. I knew you loved The Who. 290 00:13:49,396 --> 00:13:52,599 GARY: At some point it was announced that The Who had 291 00:13:52,632 --> 00:13:56,203 been paid $2 million to reunite. 292 00:13:56,870 --> 00:13:59,606 MICHAEL: It's gotta give you goose bumps knowing that in a few short hours 293 00:13:59,639 --> 00:14:02,910 Pete Townshend's gonna be out there windmilling his guitar, 294 00:14:02,943 --> 00:14:05,278 and you're gonna have a front row seat. 295 00:14:05,312 --> 00:14:07,080 DAN: Well, I mean, everyone with an Internet connection is going to 296 00:14:07,114 --> 00:14:08,848 have a front row seat, right? 297 00:14:10,984 --> 00:14:13,186 MICHAEL: Yeah. Hey. C'mon. 298 00:14:17,557 --> 00:14:19,626 DAN: Is there a number Pixelon's banking on? 299 00:14:19,659 --> 00:14:22,896 Millions? Tens of millions? 300 00:14:23,596 --> 00:14:26,466 MICHAEL: Could be a billion. 301 00:14:27,667 --> 00:14:30,938 STAGE MANAGER: Sir! You shouldn't be here. 302 00:14:35,108 --> 00:14:37,377 Did you hear me? 303 00:14:37,410 --> 00:14:39,947 DAN: That's Michael Fenne, that's Michael Fenne. 304 00:14:47,720 --> 00:14:49,389 STAGE MANAGER: Well, Mr. Fenne, I'm so sorry, I didn't... 305 00:14:49,422 --> 00:14:51,391 MICHAEL: I, it, honest mistake. 306 00:14:51,424 --> 00:14:54,962 Don't give it a second thought. 307 00:14:55,362 --> 00:14:59,432 I should really personally go check on Leann and Sheila, ok? 308 00:14:59,766 --> 00:15:01,001 We'll talk later. 309 00:15:01,034 --> 00:15:02,502 DAN: Ok. 310 00:15:04,404 --> 00:15:07,707 STEPHAN: There was a motto, uh, I believe at Netscape which the CEO, 311 00:15:07,740 --> 00:15:10,377 a termed he coined called GBF, get big fast. 312 00:15:10,410 --> 00:15:11,444 CLARK: Get big fast. 313 00:15:11,478 --> 00:15:12,712 TODD: Get big fast. 314 00:15:12,745 --> 00:15:14,314 ED: No matter what the expense, get big. 315 00:15:14,347 --> 00:15:17,417 CLARK: If you can get big, then it's harder for someone else to take you down. 316 00:15:17,650 --> 00:15:18,986 ED: Get big fast. 317 00:15:19,019 --> 00:15:21,388 STEPHAN: Doesn't matter how much you're losing, get big fast, 318 00:15:21,421 --> 00:15:22,722 be the biggest. 319 00:15:22,755 --> 00:15:25,658 ED: Get bigger, get bigger, buy things, and so we did that. 320 00:15:25,692 --> 00:15:27,995 TODD: We started doing some acquisitions. 321 00:15:29,997 --> 00:15:34,067 ED: Now we were managing a company, you know, with a nine-figure valuation. 322 00:15:36,703 --> 00:15:40,107 We needed to feed that valuation, I don't know what we spent, 323 00:15:40,140 --> 00:15:42,976 a couple hundred million dollars maybe on acquisitions. 324 00:15:43,010 --> 00:15:44,744 TODD: We started to get into the video game business. 325 00:15:44,777 --> 00:15:46,146 STEPHAN: It was like, ah, gaming! 326 00:15:46,179 --> 00:15:49,282 We went and bought a whole network of gaming sites: Games Domain. 327 00:15:51,284 --> 00:15:53,253 Happy Puppy. 328 00:15:54,187 --> 00:15:57,590 Hey, if you buy a company that has hundreds of millions in revenues, 329 00:15:57,624 --> 00:16:02,029 that brings stability to your business, that makes that billion-dollar valuation 330 00:16:02,062 --> 00:16:03,696 we have more real. 331 00:16:03,730 --> 00:16:06,633 TODD: We were trying to keep up to prove that the valuation we had been given was 332 00:16:06,666 --> 00:16:09,036 something that was actually deserved. 333 00:16:09,869 --> 00:16:12,539 STEPHAN: Mike Egan was like, hey Todd, you know this guy who runs Sunglass Hut. 334 00:16:15,075 --> 00:16:16,476 They don't have an Internet strategy yet, 335 00:16:16,509 --> 00:16:19,079 let's create one for them and have Sunglass Hut. 336 00:16:19,712 --> 00:16:22,382 Roll in vitamins are the future, there's Vitamins.com now, 337 00:16:22,415 --> 00:16:24,751 it's a thing, why don't we buy Vitamins.com. 338 00:16:27,787 --> 00:16:30,557 If you acquire something with huge revenues that's successful, 339 00:16:30,590 --> 00:16:32,259 that helps. 340 00:16:32,292 --> 00:16:37,730 But if you buy the wrong stuff, we were getting caught up in chasing after the next 341 00:16:37,764 --> 00:16:40,200 new new thing as well. 342 00:16:40,233 --> 00:16:42,802 And it was a massive distraction from our core focus. 343 00:16:42,835 --> 00:16:44,271 ED: Sort of the nature of the beast. 344 00:16:44,304 --> 00:16:47,040 You're changing ownership, you're changing the way things are managed. 345 00:16:47,074 --> 00:16:50,043 STEPHAN: When you're on to a winning formula, focus like crazy, 346 00:16:50,077 --> 00:16:52,279 double down, get better and better at that one thing. 347 00:16:52,312 --> 00:16:55,282 TODD: Focus on the original business. 348 00:16:55,315 --> 00:16:58,385 ED: You're trying new things, you're combining things, and sometimes uh, 349 00:16:58,418 --> 00:17:00,019 those things don't work. 350 00:17:03,823 --> 00:17:05,525 JEFF: Why does this keep crashing?! 351 00:17:05,958 --> 00:17:07,727 What am I missing? 352 00:17:08,661 --> 00:17:10,430 Okay, think. Think. 353 00:17:10,463 --> 00:17:11,731 MARC: Have you checked for segfaults? 354 00:17:11,764 --> 00:17:14,301 JEFF: Duh, of course I checked for segf... 355 00:17:16,636 --> 00:17:18,671 Hi. 356 00:17:23,710 --> 00:17:25,612 Did you wanna? 357 00:17:26,113 --> 00:17:28,648 Here, I'll just, uh. 358 00:17:34,621 --> 00:17:36,656 I'm Jeff, by the way. 359 00:17:46,433 --> 00:17:48,635 WOMAN: Brought to you by Pixelon.com, first full screen, 360 00:17:48,668 --> 00:17:51,171 full motion TV quality Internet broadcaster. 361 00:17:51,204 --> 00:17:53,740 See more of Pixelon's iBash artist performances and backstage outtakes 362 00:17:53,773 --> 00:17:55,875 online at Pixelon.com. 363 00:17:55,908 --> 00:18:01,314 * 364 00:18:05,518 --> 00:18:07,520 DAVID SPADE: Hold onto your trackballs, people, 365 00:18:07,554 --> 00:18:10,157 there's a lot more show coming right now. 366 00:18:10,890 --> 00:18:13,693 BRIAN: The goal of iBash was to have this huge audacious launch party in Vegas. 367 00:18:14,327 --> 00:18:18,398 DAN: You know, The Who, the Dixie Chicks, Tony Bennett, Kiss, LeAnn Rimes. 368 00:18:19,699 --> 00:18:23,236 BRIAN: Faith Hill, and I don't even remember you know all, all the names that were out 369 00:18:23,270 --> 00:18:26,406 there and quite frankly some names I don't even, I'd never even heard of before. 370 00:18:29,942 --> 00:18:32,845 SHEILA: Those kids, those poor kids. 371 00:18:34,847 --> 00:18:40,320 Leann, she said I could call her Leann, she was talking with this one girl, 372 00:18:40,353 --> 00:18:44,123 dad's in jail, mother's an addict, I'm sorry. 373 00:18:45,625 --> 00:18:48,261 Oh. Oh, thank you. 374 00:18:49,762 --> 00:18:52,599 DARRIN: I know, months have passed in the other stories 375 00:18:52,632 --> 00:18:55,368 and yet it is still the same day here. 376 00:18:55,768 --> 00:18:57,069 Hmm. 377 00:18:57,103 --> 00:18:59,939 So do you want to geek out about the laws of time and space? 378 00:18:59,972 --> 00:19:04,377 Or do you want to know what's going to happen with iBash?! 379 00:19:05,278 --> 00:19:06,779 iBash! iBash! 380 00:19:06,813 --> 00:19:08,448 C'mon! 381 00:19:09,782 --> 00:19:12,285 I don't want it back. 382 00:19:22,395 --> 00:19:24,364 TOADY: Uh, Michael. 383 00:19:24,397 --> 00:19:27,934 With the IPO just around the corner, listen, with the IPO. 384 00:19:27,967 --> 00:19:32,605 The IPO, just around the corner there, uh, and only so many shares to be had in a 385 00:19:32,639 --> 00:19:38,411 friends and family round, everyone, everyone's gonna be coming out of the woodwork 386 00:19:39,045 --> 00:19:42,682 claiming to be a dear-old friend of Michael Fenne, Mike Fenne, Mike Fenne. 387 00:19:42,715 --> 00:19:44,817 I don't wanna put any pressure on you, ok? 388 00:19:44,851 --> 00:19:47,186 The last, the last thing I wanna do is put any pressure on you, 389 00:19:47,820 --> 00:19:49,856 but, you know, I think I need 200,000. 390 00:19:49,889 --> 00:19:51,524 JOYCE: I knew I recognized him. 391 00:19:51,558 --> 00:19:52,925 TOADY: Think maybe 200 thou. 392 00:19:52,959 --> 00:19:54,261 Mike Fenne, Mike Fenne. 393 00:19:54,294 --> 00:19:56,796 DAN: It, of course, was not known at the time that, you know, 394 00:19:56,829 --> 00:20:00,700 Michael Fenne was not in fact Michael Fenne but was in fact somebody named 395 00:20:00,733 --> 00:20:05,705 David Kim Stanley and he had launched this startup under completely false pretenses. 396 00:20:06,773 --> 00:20:09,676 CREW: David! David! 397 00:20:15,582 --> 00:20:16,983 Mr. Fenne? 398 00:20:17,016 --> 00:20:19,419 Sorry to bother you but someone really wants to get ahold of you. 399 00:20:20,453 --> 00:20:23,222 MICHAEL: Oh. Thank you. 400 00:20:26,526 --> 00:20:30,463 TOADY: So, I don't know, what do you think? 401 00:20:30,497 --> 00:20:32,265 MICHAEL: What? 402 00:20:37,704 --> 00:20:41,941 ED: CNBC wasn't what it is today, but it was growing and they were doing a lot of shows 403 00:20:41,974 --> 00:20:44,043 about, "How could this be?" 404 00:20:44,076 --> 00:20:46,813 "Look at these young rich Internet gazillionaires!" 405 00:20:47,580 --> 00:20:49,949 "How can this company be worth more than General Motors?!" 406 00:20:51,217 --> 00:20:54,954 STEPHAN: We had people in the message boards that were like trying to short our stock, 407 00:20:55,455 --> 00:20:58,691 trying to pump our stocks, saying all sorts of (bleep). 408 00:20:59,292 --> 00:21:05,332 ED: This story of rich, good-looking gazillionaire Internet kid had played. 409 00:21:06,833 --> 00:21:09,736 And now they were looking for the other side of that story. 410 00:21:11,037 --> 00:21:13,540 VOICEMAIL: You have 10 messages. 411 00:21:13,573 --> 00:21:15,375 FEMALE (over phone): I hate you! I hate you! 412 00:21:15,408 --> 00:21:18,345 I read this in the message boards, everybody hates the founders! 413 00:21:19,078 --> 00:21:22,615 STEPHAN: There was a voicemail and on it was a woman who started just begging and 414 00:21:22,649 --> 00:21:25,752 saying, I put in my life savings, I think a couple hundred thousand dollars 415 00:21:25,785 --> 00:21:28,621 into TheGlobe and it's all gone. 416 00:21:28,655 --> 00:21:32,459 For like a week this woman left us these voice mails of desperation and she couldn't 417 00:21:32,492 --> 00:21:34,327 understand where her money had gone. 418 00:21:34,361 --> 00:21:35,762 She thought we had it. 419 00:21:35,795 --> 00:21:37,964 VOICEMAIL: You have 8 messages. 420 00:21:38,465 --> 00:21:40,066 FEMALE (over phone): I lost all my money! 421 00:21:40,099 --> 00:21:42,835 Please, please, pay me back all my money, and I will be fine! 422 00:21:42,869 --> 00:21:44,704 Pay it back! Pay it back! 423 00:21:44,737 --> 00:21:46,573 (bleep) you! 424 00:21:48,675 --> 00:21:49,809 STEPHAN: And she was getting more and more frantic and screaming on the phone and 425 00:21:49,842 --> 00:21:51,378 threatening us and it ended up with her yelling like, 426 00:21:51,411 --> 00:21:54,313 "I'm gonna kill you, I will kill you if you don't give me my money back." 427 00:21:55,014 --> 00:21:56,616 FEMALE (over phone): People keep saying they want you to die! 428 00:21:56,649 --> 00:21:57,817 Well you should die! 429 00:21:57,850 --> 00:21:59,552 I'm gonna kill you! 430 00:21:59,586 --> 00:22:02,088 I will kill you if I don't get my money back! 431 00:22:02,389 --> 00:22:04,957 ASSISTANT: The team from Azazz is here. 432 00:22:04,991 --> 00:22:07,494 STEPHAN: I think I'd much rather stay and listen to this message again. 433 00:22:07,960 --> 00:22:11,063 FEMALE (over phone): (bleep) you! I want my money back. 434 00:22:11,831 --> 00:22:13,633 STEPHAN: There'd been on the news a story of a day trader going in 435 00:22:13,666 --> 00:22:15,001 and killing all his colleagues at work. 436 00:22:15,034 --> 00:22:17,804 It was like a thing now, that people were losing their (bleep) 437 00:22:17,837 --> 00:22:20,440 and going and killing people. 438 00:22:20,473 --> 00:22:23,042 So Todd and I were like, are you (bleep) me, we have someone who wants to kill us 439 00:22:23,075 --> 00:22:25,378 now, are we going to have to get security here, what's going on? 440 00:22:29,616 --> 00:22:31,584 JENN: Azazz? That's the online retailer? 441 00:22:31,618 --> 00:22:34,887 STEPHAN: I don't even know why we're in retail. 442 00:22:34,921 --> 00:22:40,159 I mean I know why: Amazon got huge, or a bunch of analysts decided that Amazon got huge, 443 00:22:40,192 --> 00:22:43,896 so we of course have to plunk down $45 million on an e-commerce. 444 00:22:44,997 --> 00:22:49,702 We sent them nearly 250,000 users a month but, their sales have barely moved. 445 00:22:50,503 --> 00:22:52,605 They act like they're these avant-garde entrepreneurs and 446 00:22:52,639 --> 00:22:54,607 we're the old Wall Street dudes from Trading Places. 447 00:22:54,641 --> 00:22:55,742 "Good morning, Randolph." 448 00:22:55,775 --> 00:22:57,043 "Good Morning, Mortimer." 449 00:22:57,076 --> 00:22:58,978 Hey, we were you like last year? 450 00:22:59,011 --> 00:23:00,346 We're actually younger than you. 451 00:23:00,379 --> 00:23:02,048 You know, Yahoo would have totally dropped the hammer on them. 452 00:23:02,081 --> 00:23:05,885 And I don't know, maybe that's what we should have done, but is that even who I am, 453 00:23:05,918 --> 00:23:07,920 what I want my leadership style to be? 454 00:23:11,924 --> 00:23:14,126 JENN: Hi. 455 00:23:14,627 --> 00:23:16,563 STEPHAN: Sorry. I'm being totally. 456 00:23:16,596 --> 00:23:18,064 JENN: No, you don't need to. 457 00:23:18,097 --> 00:23:20,399 It's okay. 458 00:23:21,267 --> 00:23:24,003 I mean, it's not okay, but only because you're not okay. 459 00:23:26,238 --> 00:23:27,940 STEPHAN: I just, I feel like a failure. 460 00:23:27,974 --> 00:23:30,042 JENN: A failure? 461 00:23:30,076 --> 00:23:31,511 Yeah, yeah, that tracks. 462 00:23:31,544 --> 00:23:35,915 You're 25 and co-CEO of a company you founded, a company that posted 463 00:23:35,948 --> 00:23:38,818 the largest first day gain of any IPO ever. 464 00:23:38,851 --> 00:23:44,457 Plus, you're dating this super-smart, extremely cool, astoundingly beautiful woman. 465 00:23:44,824 --> 00:23:46,358 STEPHAN: And modest. 466 00:23:46,392 --> 00:23:48,761 JENN: Yes, for sure, by far the most modest person in all of human history. 467 00:23:56,869 --> 00:24:02,141 * 468 00:24:02,174 --> 00:24:05,545 (phones ringing). 469 00:24:06,979 --> 00:24:08,748 MICHAEL: Hi, this is Michael Fenne. 470 00:24:08,781 --> 00:24:10,583 EMPLOYEE: Mr. Fenne, I'm so sorry to bother you, 471 00:24:10,617 --> 00:24:12,552 but the phones here are ringing off the hook. 472 00:24:12,585 --> 00:24:14,220 People can't seem to access our live feed. 473 00:24:14,253 --> 00:24:17,089 We called the encoders, but they said they're just uploading edited clips for the 474 00:24:17,123 --> 00:24:20,026 site, and no one seems to know who's actually handling the live simulcast. 475 00:24:20,593 --> 00:24:22,862 We were hoping maybe you knew what the problem might be? 476 00:24:22,895 --> 00:24:24,931 MICHAEL: Why are you lying to me? 477 00:24:24,964 --> 00:24:27,934 EMPLOYEE: Why am I, I'm not, which part do you think I'm lying about? 478 00:24:27,967 --> 00:24:29,969 MICHAEL: Lying is a mortal sin. 479 00:24:30,002 --> 00:24:31,804 Didn't your parents teach you that? 480 00:24:31,838 --> 00:24:34,774 Well one way or another, you're gonna learn. 481 00:24:35,708 --> 00:24:37,977 When I get back, you're gonna come up to my office and I'm gonna give you a whooping. 482 00:24:38,511 --> 00:24:39,912 Now what'd you say your name was again? 483 00:24:39,946 --> 00:24:45,117 EMPLOYEE: I didn't. It's, it's Brad. 484 00:24:46,018 --> 00:24:48,187 MICHAEL: Bradley. 485 00:24:48,220 --> 00:24:50,757 SHEILA: Hey! Faith Hill's about to go on. 486 00:24:50,790 --> 00:24:52,759 Some of us are gonna head out into the audience. 487 00:24:52,792 --> 00:24:54,060 MICHAEL: Mhm. 488 00:24:54,093 --> 00:24:56,095 SHEILA: You know a lot of people say I look like Faith Hill. 489 00:24:56,128 --> 00:24:57,997 MICHAEL: You're much prettier. 490 00:24:58,030 --> 00:25:00,199 SHEILA: Aren't you just the sweetest thing? 491 00:25:00,633 --> 00:25:02,535 So come on, we only have a few minutes. 492 00:25:02,569 --> 00:25:03,636 MICHAEL: Come on where? 493 00:25:03,670 --> 00:25:05,672 SHEILA: To watch Faith Hill. You're coming, right? 494 00:25:05,705 --> 00:25:07,006 You have to see her live. 495 00:25:07,039 --> 00:25:08,741 MICHAEL: What the hell is wrong with you?! 496 00:25:08,775 --> 00:25:12,745 I am trying to pull off the biggest event in Internet history and all I ask is that 497 00:25:12,779 --> 00:25:15,147 you let me do my job and not embarrass me! 498 00:25:15,181 --> 00:25:17,083 But there you are crying about Leann Rimes! 499 00:25:17,116 --> 00:25:18,885 Comparing yourself to Faith Hill. 500 00:25:18,918 --> 00:25:21,921 Chasing after every celebrity with your autograph book like a stupid little schoolgirl! 501 00:25:23,322 --> 00:25:24,991 SHEILA: I just thought. 502 00:25:25,024 --> 00:25:27,293 MICHAEL: You just thought. Well don't just think! 503 00:25:27,326 --> 00:25:30,129 I swear, Sheila, I swear! 504 00:25:30,162 --> 00:25:32,531 Act like you've been here before! 505 00:25:39,972 --> 00:25:42,909 DIRECTOR: Phil, show me a preview of B and 4-A. 506 00:25:44,043 --> 00:25:46,979 Someone get a chair for Mr. Fenne? 507 00:25:48,014 --> 00:25:51,984 GARY: It turns out that streaming media over the Internet requires a fairly 508 00:25:52,018 --> 00:25:55,154 robust technological capability and infrastructure. 509 00:25:55,855 --> 00:25:57,256 DIRECTOR: Happy with what you're seeing? 510 00:25:57,289 --> 00:25:58,658 MICHAEL: I am. 511 00:25:58,691 --> 00:25:59,859 GARY: We had a venue, we had acts. 512 00:25:59,892 --> 00:26:03,029 What we didn't have was the ability to actually show it. 513 00:26:04,130 --> 00:26:06,733 DIRECTOR: In 3, 2. 514 00:26:18,845 --> 00:26:20,847 TECHNICIAN: I know who you are. 515 00:26:20,880 --> 00:26:23,015 MICHAEL: You do? 516 00:26:23,049 --> 00:26:25,384 DAN: Michael Fenne was a completely fabricated identity. 517 00:26:25,417 --> 00:26:26,786 Did not exist. 518 00:26:26,819 --> 00:26:31,824 Michael Fenne was an elaborate cover for a fugitive from the law, 519 00:26:32,091 --> 00:26:34,060 David Kim Stanley. 520 00:26:42,368 --> 00:26:43,836 MICHAEL: I'm Michael Fenne. 521 00:26:43,870 --> 00:26:45,037 I'm Michael Fenne. 522 00:26:45,071 --> 00:26:46,138 Hi, I'm Michael Fenne. 523 00:26:46,172 --> 00:26:47,239 Michael Fenne. 524 00:26:47,273 --> 00:26:49,208 Hi, I'm Mike Fenne. 525 00:26:49,241 --> 00:26:51,077 Michael Fenne at your service. 526 00:26:51,110 --> 00:26:53,145 David Kim Stanley? What? 527 00:26:53,179 --> 00:26:54,647 I'm Michael Fenne. 528 00:26:54,681 --> 00:26:56,883 I'm Michael. Fenne. I'm (bleep) Michael! 529 00:27:15,968 --> 00:27:20,439 SHEILA: I don't know if you had a chance to see any of it, but Faith Hill sang, 530 00:27:20,472 --> 00:27:23,642 "This Kiss," ah, which is my absolute favorite. 531 00:27:26,478 --> 00:27:30,082 She also sang "Breathe" and "The Way You Love Me." 532 00:27:33,152 --> 00:27:37,824 Anyway she was amazing! 533 00:27:44,764 --> 00:27:46,365 MICHAEL: I knew she would be. 534 00:27:46,398 --> 00:27:48,267 What did I tell you? 535 00:27:50,202 --> 00:27:52,972 SHEILA: You told me she'd be amazing. 536 00:28:00,312 --> 00:28:03,883 So should we go back to the party? 537 00:28:25,504 --> 00:28:28,274 MICHAEL: It's like you're reading my mind. 538 00:28:41,053 --> 00:28:44,456 JANET: The Justice Department has charged Microsoft with engaging in 539 00:28:44,490 --> 00:28:48,995 anti-competitive and exclusionary practices designed to maintain its 540 00:28:49,028 --> 00:28:53,399 monopoly in personal computer operating systems and 541 00:28:53,432 --> 00:28:57,003 attempting to extend that monopoly to Internet browser software... 542 00:28:58,070 --> 00:28:59,371 TARA: Hey, what's the...? 543 00:28:59,405 --> 00:29:02,174 SEAN: The government's now going after Microsoft with both barrels. 544 00:29:02,208 --> 00:29:06,913 TARA: Cool. I also have breaking news. 545 00:29:08,114 --> 00:29:12,785 It's about Mozilla and the mountain of compiler errors still in the two and a half 546 00:29:12,819 --> 00:29:16,122 million lines of code we're racing the clock to finish. 547 00:29:16,989 --> 00:29:20,526 JANET: No firm should be permitted to use its monopoly power to keep out competitors 548 00:29:20,559 --> 00:29:23,162 or to spurn innovations. 549 00:29:25,097 --> 00:29:27,199 TARA: We're in a hurry. We wanna get this done in Q1. 550 00:29:27,233 --> 00:29:30,870 We said, 1998, Q1, that means March 31. 551 00:29:31,670 --> 00:29:35,307 We have to release the source by the end of March, no slips, get it done. 552 00:29:36,508 --> 00:29:39,178 And right up until the last second we were working on it. 553 00:29:39,211 --> 00:29:41,147 It was insane. 554 00:29:49,321 --> 00:29:51,290 SEAN: Seriously? 555 00:29:52,291 --> 00:29:55,928 -Yes. Yes! Whoo. 556 00:29:56,428 --> 00:29:58,831 Yeah! Whooo! 557 00:30:00,032 --> 00:30:04,436 TARA: When we released the open source code, it was super exciting. 558 00:30:05,404 --> 00:30:08,875 We sat there and watched the downloads off the FTP servers. 559 00:30:09,341 --> 00:30:12,011 We were not sure if anybody was gonna wanna download it. 560 00:30:12,044 --> 00:30:14,180 But, there were downloads all over the place. 561 00:30:14,213 --> 00:30:15,948 It was amazing. 562 00:30:15,982 --> 00:30:18,084 It was something that we could feel strongly about. 563 00:30:18,117 --> 00:30:20,086 Like oh my God, nobody's done this before. 564 00:30:20,119 --> 00:30:22,188 It's kind of like Netscape part 2. 565 00:30:25,557 --> 00:30:27,226 -Yeah! 566 00:30:29,228 --> 00:30:31,030 BARKSDALE: Is this working, can you hear me? 567 00:30:31,063 --> 00:30:32,598 Everybody hear me? 568 00:30:33,465 --> 00:30:34,901 Test, test. 569 00:30:34,934 --> 00:30:36,335 Don't make me dance, people. 570 00:30:36,368 --> 00:30:38,871 You may've heard. 571 00:30:38,905 --> 00:30:41,908 We pushed our source code out onto the Net. 572 00:30:42,174 --> 00:30:44,944 -Yeah! 573 00:30:45,644 --> 00:30:49,148 BARKSDALE: So our code is the world's code and the world, 574 00:30:50,149 --> 00:30:52,184 the world is gonna help us build 575 00:30:52,218 --> 00:30:55,955 the most kick ass browser anyone has ever seen. 576 00:30:56,455 --> 00:30:58,357 -Yeah! 577 00:30:58,390 --> 00:30:59,625 BARKSDALE: You guys have fun tonight. 578 00:30:59,658 --> 00:31:01,593 You deserve it. 579 00:31:16,408 --> 00:31:17,443 CLARK: How serious? 580 00:31:17,476 --> 00:31:19,946 BARKSDALE: Serious enough I'm telling you about it. 581 00:31:20,712 --> 00:31:22,214 Hey, Eugene. 582 00:31:22,248 --> 00:31:24,383 You crushed it. Way to go. 583 00:31:25,151 --> 00:31:28,054 There are a million details that would have to fall into place, 584 00:31:28,087 --> 00:31:30,456 but it's within the realm of possibility. 585 00:31:30,923 --> 00:31:32,658 CLARK: I must be having visions. 586 00:31:32,691 --> 00:31:35,962 Marc Andreessen at a social gathering? 587 00:31:36,828 --> 00:31:39,565 BARKSDALE: Keep an eye out overhead for the flying pigs. 588 00:31:39,598 --> 00:31:42,434 MARC: I figured with a couple seniors at the party, it shouldn't get too raucous. 589 00:31:42,468 --> 00:31:44,136 CLARK: He just called us old. 590 00:31:44,170 --> 00:31:46,238 BARKSDALE: No, I think he means like high school seniors, 591 00:31:46,272 --> 00:31:48,674 like we're the cool ones the kids wanna hang out with. 592 00:31:48,707 --> 00:31:51,243 MARC: Oh, yeah, sure. 593 00:31:51,277 --> 00:31:53,946 CLARK: So Jim was just telling me about the... 594 00:31:53,980 --> 00:31:55,681 BARKSDALE: I actually, I haven't told Marc yet. 595 00:31:55,714 --> 00:31:57,216 MARC: Told Marc what? 596 00:31:57,249 --> 00:31:58,417 BARKSDALE: You know what, not here. 597 00:31:58,450 --> 00:32:01,253 Let's go. Follow me. 598 00:32:05,124 --> 00:32:07,193 ED: Todd and Steph had created a lot of value in the company 599 00:32:07,226 --> 00:32:09,328 by putting themselves out there. 600 00:32:09,361 --> 00:32:12,631 Much like a Richard Branson is associated with all things Virgin 601 00:32:12,664 --> 00:32:15,234 or a Steve Jobs with all things Apple, 602 00:32:15,267 --> 00:32:17,303 that's how they were and that's how they saw themselves. 603 00:32:18,104 --> 00:32:22,241 STEPHAN: CNN asked if they could do a full- fledged documentary for this 604 00:32:22,274 --> 00:32:24,476 new show they had, called CNN Movers. 605 00:32:24,977 --> 00:32:28,380 It would require them to follow Todd and I into our private lives 606 00:32:28,414 --> 00:32:31,417 and document a typical day, or week. 607 00:32:31,450 --> 00:32:33,485 TODD: See you Monday. STEPHAN: See you Monday. 608 00:32:33,519 --> 00:32:35,721 And our publicity team said, "That seems like a pretty good opportunity, 609 00:32:35,754 --> 00:32:37,256 we should do it." 610 00:32:37,289 --> 00:32:39,325 Great, alright, let's do this. 611 00:32:39,858 --> 00:32:43,695 ED: The CNN piece would probably be the low point of the whole experience. 612 00:32:44,296 --> 00:32:47,499 STEPHAN: They followed Todd separately to see what his personal life was like, 613 00:32:47,533 --> 00:32:50,436 they followed him out to the Hamptons, where he had some friends over and he was doing 614 00:32:50,469 --> 00:32:52,104 a barbecue and playing badminton. 615 00:32:52,504 --> 00:32:53,639 -Oh! 616 00:32:55,174 --> 00:32:57,543 TODD: I played badminton once in my life, you know, 617 00:32:57,576 --> 00:33:00,646 a really thoughtful producer set up a badminton game. 618 00:33:00,679 --> 00:33:03,982 But we entered into the piece willingly, it was not like we were coerced. 619 00:33:04,916 --> 00:33:07,419 STEPHAN: And they asked like, "Hey Steph, we've heard about you wanting to go out and party, 620 00:33:07,453 --> 00:33:09,755 And you love the nightlife, can we follow you out to one of your clubs?" 621 00:33:10,156 --> 00:33:12,091 "Sounds like a great idea." 622 00:33:12,124 --> 00:33:16,195 They lifted some audio that they'd recorded off camera, 623 00:33:16,862 --> 00:33:19,598 where I was using total sarcasm and being facetious. 624 00:33:19,898 --> 00:33:21,133 Got the girl. 625 00:33:21,167 --> 00:33:22,601 Got the money. 626 00:33:22,634 --> 00:33:25,237 Now I'm ready to live a disgusting frivolous life. 627 00:33:25,971 --> 00:33:28,074 And I said it off camera because I would never wanna say something like that, 628 00:33:28,107 --> 00:33:30,476 and I don't live that life. 629 00:33:30,509 --> 00:33:34,746 But it played perfectly over the scene of me dancing in a nightclub in my vinyl pants. 630 00:33:39,651 --> 00:33:40,819 Got the girl. 631 00:33:40,852 --> 00:33:42,788 Got the money. 632 00:33:42,821 --> 00:33:45,457 Now I'm ready to live a disgusting frivolous lifestyle. 633 00:33:45,724 --> 00:33:47,193 It was a total cheap shot. 634 00:33:47,226 --> 00:33:48,994 TODD: That piece was very damaging. 635 00:33:49,027 --> 00:33:54,133 ED: It aired at a time when the stock price was not doing well and this just sorta threw 636 00:33:54,166 --> 00:33:55,634 gas on the fire. 637 00:33:55,667 --> 00:33:57,436 STEPHAN: Dude, you know they took it out of context! 638 00:33:57,469 --> 00:33:59,538 TODD: You created the context! 639 00:33:59,571 --> 00:34:02,674 Seriously, how hard would it have been to have not said it at all?! 640 00:34:03,142 --> 00:34:04,776 How hard would it have been to, I don't know, 641 00:34:04,810 --> 00:34:07,413 stay at home and rent a movie with your girlfriend?! 642 00:34:07,446 --> 00:34:09,181 STEPHAN: I didn't want to rent a movie with my girlfriend. 643 00:34:09,215 --> 00:34:10,549 I wanted to go to a club! 644 00:34:10,582 --> 00:34:12,684 TODD: In plastic pants. 645 00:34:12,718 --> 00:34:15,387 STEPHAN: Vinyl. And yeah. So what? 646 00:34:15,421 --> 00:34:18,290 I'm a 25-year-old, working my ass off, and I wanted to blow off a little some steam in the 647 00:34:18,324 --> 00:34:19,858 pants of my choosing. 648 00:34:19,891 --> 00:34:22,494 TODD: You are not just some 25-year-old, Steph. 649 00:34:22,528 --> 00:34:25,164 We are running a billion- dollar company. 650 00:34:25,197 --> 00:34:28,134 And you played right into the narrative that maybe we shouldn't be. 651 00:34:28,434 --> 00:34:29,635 STEPHAN: I said I was sorry. 652 00:34:29,668 --> 00:34:30,836 I don't know what else you want from me? 653 00:34:30,869 --> 00:34:33,472 TODD: I want this not to have happened. 654 00:34:37,576 --> 00:34:39,111 What is that? 655 00:34:39,145 --> 00:34:40,246 STEPHAN: I'm pressing the backspace key. 656 00:34:40,279 --> 00:34:41,613 It should just be a few more seconds. 657 00:34:41,647 --> 00:34:43,048 TODD: Great. You're hilarious. 658 00:34:43,081 --> 00:34:45,284 STEPHAN: They wanted to see my life, and so I showed them my life. 659 00:34:45,317 --> 00:34:46,852 And in my life I make mistakes. 660 00:34:46,885 --> 00:34:48,854 Because I'm not a robot. 661 00:34:48,887 --> 00:34:51,223 TODD: Oh, with the implication being that I am a robot. 662 00:34:51,257 --> 00:34:53,359 STEPHAN: We've gotten millions of dollars of free press. 663 00:34:53,392 --> 00:34:56,495 You think it's because of your painfully careful, prepackaged answers? 664 00:34:57,396 --> 00:35:00,466 You think CNN even runs the piece if it's just us sitting around eating cheeseburgers? 665 00:35:01,367 --> 00:35:04,203 But hey if you want me to be boring and safe, 666 00:35:04,236 --> 00:35:06,572 we can try the Todd Krizelman plan for a while. 667 00:35:10,642 --> 00:35:13,445 TODD: Screw you. 668 00:35:14,045 --> 00:35:16,782 STEPHAN: When we'd met Michael Egan, I think we had like maybe a million users a month. 669 00:35:17,583 --> 00:35:22,721 By that summer when CNN was running, we were in the, maybe 15 million users a month. 670 00:35:23,121 --> 00:35:25,257 And we peaked at around 20 million users a month. 671 00:35:25,291 --> 00:35:27,726 So it was going up and up and up. 672 00:35:27,759 --> 00:35:29,828 And our ad sales were going up and up and up. 673 00:35:29,861 --> 00:35:32,898 And our revenues went again from like a million to five, 674 00:35:32,931 --> 00:35:38,304 six million bucks when we went public to $20 million in 1999. 675 00:35:38,870 --> 00:35:41,907 We sparked off Internet IPO mania. 676 00:35:41,940 --> 00:35:45,211 So hundreds of Internet companies went public and if an investor can choose 677 00:35:45,244 --> 00:35:47,746 between staying in a stock they've already been in a while 678 00:35:47,779 --> 00:35:50,516 or going for the next new hot thing, they do. 679 00:35:51,016 --> 00:35:53,552 Our stock just started sliding, and sliding and sliding, and so 680 00:35:53,585 --> 00:35:57,189 when you put on a CNN piece like that that's more controversial and 681 00:35:57,223 --> 00:35:59,725 your stock price is still going down, that was the problem. 682 00:36:03,562 --> 00:36:04,796 SEAN: I mean, he's amazing. 683 00:36:04,830 --> 00:36:06,365 And I'm like I've got to meet this guy. 684 00:36:06,398 --> 00:36:08,434 Anyway, turns out he's 16, living in rural Georgia. 685 00:36:08,467 --> 00:36:10,302 TARA: Okay, I'm not crazy about where this story is headed. 686 00:36:10,336 --> 00:36:11,370 (coughing). 687 00:36:11,403 --> 00:36:12,904 SEAN: He's been contributing to the open source. 688 00:36:12,938 --> 00:36:14,206 You knew that. 689 00:36:14,240 --> 00:36:15,307 JEFF: What's going on? 690 00:36:15,341 --> 00:36:16,875 TARA: All hands meeting. 691 00:36:16,908 --> 00:36:18,577 JEFF: You sound terrible. 692 00:36:18,610 --> 00:36:20,078 TARA: Bronchitis again. 693 00:36:20,111 --> 00:36:22,714 It's almost as if 90 hour work weeks aren't conducive to good health. 694 00:36:22,748 --> 00:36:24,650 JEFF: Wasn't the all-hands meeting supposed to be next week? 695 00:36:24,683 --> 00:36:26,652 SEAN: I think they were worried Tara might be dead by then. 696 00:36:26,685 --> 00:36:28,554 (coughing). 697 00:36:41,500 --> 00:36:43,335 (phone rings). 698 00:36:44,470 --> 00:36:46,338 BARKSDALE: Hello, Marc. 699 00:36:46,372 --> 00:36:48,707 MARC: Oh, Jim, hi sorry, I didn't mean to call you. 700 00:36:48,740 --> 00:36:50,542 I hit the wrong speed dial. 701 00:36:50,576 --> 00:36:52,444 BARKSDALE: No worries. I made a mistake once. 702 00:36:52,478 --> 00:36:54,946 MARC: I doubt that. 703 00:36:56,047 --> 00:36:59,451 BARKSDALE: Hey, you know, it gets kinda lonely for me up there, 704 00:36:59,485 --> 00:37:02,921 if you want to join me this morning. 705 00:37:03,489 --> 00:37:05,357 MARC: I have errands I should run. 706 00:37:05,391 --> 00:37:06,725 You got this. 707 00:37:06,758 --> 00:37:08,327 I'll be in later. 708 00:37:08,360 --> 00:37:10,462 BARKSDALE: Alright, ok, I will see you then. 709 00:37:12,964 --> 00:37:16,468 JEFF: Tell me if you heard this one: Why do Java programmers wear glasses? 710 00:37:16,868 --> 00:37:17,669 TARA: I don't know, Jeff. 711 00:37:17,703 --> 00:37:19,905 Why do Java programmers wear glasses? 712 00:37:20,205 --> 00:37:22,908 JEFF: Because they don't "C." 713 00:37:22,941 --> 00:37:25,911 Like "C," the programming language, but also "see" like "see." 714 00:37:25,944 --> 00:37:27,346 SEAN: No, I get it, I get it. 715 00:37:27,379 --> 00:37:29,415 TARA: I just didn't laugh because I was worried it would hurt my throat. 716 00:37:30,916 --> 00:37:32,851 WOMAN: Such a stupid joke. 717 00:37:34,052 --> 00:37:36,488 I love stupid jokes. 718 00:37:36,522 --> 00:37:38,324 SEAN: How come all the girls like you? 719 00:37:38,357 --> 00:37:40,559 (coughing). 720 00:37:42,961 --> 00:37:46,665 BARKSDALE: Hey, hey everybody, listen up. 721 00:37:47,533 --> 00:37:51,637 Uh, late last night, 722 00:37:52,438 --> 00:37:57,709 we reached an agreement to sell the Netscape Communications Corporation 723 00:37:58,243 --> 00:38:02,648 to AOL of Dulles, Virginia. 724 00:38:08,820 --> 00:38:10,255 It was all their idea. 725 00:38:10,288 --> 00:38:11,990 I mean, I didn't go to them and say, do you want to buy our company, 726 00:38:12,023 --> 00:38:15,727 uh, Steve called and said he wanted to talk to me about something and we got together, 727 00:38:15,761 --> 00:38:17,529 and he said he wanted to buy our company. 728 00:38:17,563 --> 00:38:20,766 STEVE: I met with Jim Barksdale, multiple times, you know, 729 00:38:20,799 --> 00:38:26,338 8-10 times, over a number of months and ultimately we strategically saw a way to 730 00:38:26,372 --> 00:38:27,539 align our interests. 731 00:38:27,573 --> 00:38:28,940 WOMAN: We think it's positive for the combined company. 732 00:38:28,974 --> 00:38:32,344 It takes AOL which is historically been just on the consumer side 733 00:38:32,378 --> 00:38:34,079 onto the business side. 734 00:38:34,112 --> 00:38:38,750 BARKSDALE: I think the AOL team liked what we were and they liked our brand name and 735 00:38:38,784 --> 00:38:40,919 they liked our image in the market. 736 00:38:40,952 --> 00:38:44,623 REPORTER (over TV): American Online says combining the web audience of AOL and 737 00:38:44,656 --> 00:38:48,727 Netscape's net center will let consumers and businesses do more on the web. 738 00:38:49,361 --> 00:38:52,364 It would be the Internet's first mega-deal. 739 00:38:52,398 --> 00:38:54,500 STEVE: When we announced the acquisition of Netscape, 740 00:38:54,533 --> 00:38:56,968 I think the value was about $4 billion. 741 00:38:57,002 --> 00:39:00,105 REPORTER (over TV): The two companies are eyeball magnets on the web. 742 00:39:00,138 --> 00:39:05,043 AOL and Netscape's net center capture top web ratings and analysts say 743 00:39:05,076 --> 00:39:07,012 the combination would be formidable. 744 00:39:07,513 --> 00:39:12,451 CLARK: I began my exit process right then, I said, "I'm out." 745 00:39:12,851 --> 00:39:15,421 I wasn't interested in being part of AOL. 746 00:39:15,454 --> 00:39:16,822 BARKSDALE: I thought it was a good deal. 747 00:39:16,855 --> 00:39:18,323 I still do. 748 00:39:18,356 --> 00:39:21,493 REPORTER: Just three years after Netscape's IPO served as the Internet's 749 00:39:21,527 --> 00:39:24,496 Big Bang, a whimper of an end to its independence. 750 00:39:25,230 --> 00:39:28,133 CLARK: Just not clear we would have survived at all, 751 00:39:29,735 --> 00:39:31,670 so it was really the right thing to do. 752 00:39:33,772 --> 00:39:36,475 BARKSDALE: We had the best people, the smartest, bestest folks you could imagine. 753 00:39:37,042 --> 00:39:39,177 I loved 'em all and I thought it was the best thing to do 754 00:39:39,210 --> 00:39:41,480 for them and for the investors. 755 00:39:42,648 --> 00:39:44,583 REPORTER (over TV): The deal would seem to carve up the company that had it all just 756 00:39:44,616 --> 00:39:46,685 three years ago. 757 00:39:46,718 --> 00:39:50,889 A hot product, wunderkind co-founder Mark Andreessen and a sizzling IPO. 758 00:40:00,031 --> 00:40:04,636 MARC: What? You think I should be there. 759 00:40:05,771 --> 00:40:08,106 You think I'm this cold-hearted bastard who doesn't even care enough 760 00:40:08,139 --> 00:40:10,742 about the end of his own company to show up on the big day, 761 00:40:10,776 --> 00:40:12,678 that I'm someone incapable of feeling anything 762 00:40:12,711 --> 00:40:14,780 in this moment, in any moment. 763 00:40:14,813 --> 00:40:18,016 Yeah, okay, that's certainly a plausible explanation. 764 00:40:19,518 --> 00:40:22,688 It's also plausible that creating this browser was the only thing that really 765 00:40:22,721 --> 00:40:26,492 mattered to me in my life, the only thing that made me feel alive, 766 00:40:27,192 --> 00:40:29,928 the thing that doesn't just define my work and career but is the living embodiment of 767 00:40:29,961 --> 00:40:31,930 everything I'm about. 768 00:40:33,031 --> 00:40:35,934 Now I have to deal with losing it and I can't be there to watch it die. 769 00:40:37,168 --> 00:40:39,905 Or maybe I don't want everyone to see how excited I am about the sale. 770 00:40:40,939 --> 00:40:42,841 This is a big win at this point. 771 00:40:42,874 --> 00:40:44,109 Who cares that it's AOL? 772 00:40:44,142 --> 00:40:46,845 I'm parachuting out with hundreds of millions of dollars. 773 00:40:49,114 --> 00:40:51,149 So which one is it? 774 00:40:54,019 --> 00:40:59,891 TARA: An unbelievable amount of effort, with the creation of Mozilla as an open-source 775 00:40:59,925 --> 00:41:04,530 entity and that was supposed to be the thing that allowed us to turn the corner. 776 00:41:05,597 --> 00:41:09,635 And then when the AOL acquisition was announced, it's like, "Oh, God," 777 00:41:09,668 --> 00:41:13,839 not only did it not work, we're getting bought by this company that we've 778 00:41:13,872 --> 00:41:16,908 maligned for the past three, four years? 779 00:41:17,342 --> 00:41:19,210 JEFF: This is messed up. 780 00:41:19,244 --> 00:41:20,946 TARA: Yeah. 781 00:41:20,979 --> 00:41:22,914 WOMAN: Totally. 782 00:41:27,085 --> 00:41:32,524 TARA: I mean, that was, that was many nails in the coffin for a lot of people. 783 00:41:33,091 --> 00:41:34,860 It was right about that time that I resigned. 784 00:41:34,893 --> 00:41:37,095 Myself included, honestly. 785 00:41:37,128 --> 00:41:39,798 I didn't have it in my anymore to fight the browser war, I was done, 786 00:41:39,831 --> 00:41:41,232 the soldier was done. 787 00:41:41,266 --> 00:41:43,935 That's when we called it the Great Netscape Diaspora really began, 788 00:41:43,969 --> 00:41:45,671 when people started to leave. 789 00:41:45,704 --> 00:41:47,673 The war was over. 790 00:41:49,875 --> 00:41:52,944 What Netscape hoped to do was to save the company and to save the browser business and 791 00:41:52,978 --> 00:41:56,815 to try and win at least some battles in the browser war but it ended up not saving 792 00:41:56,848 --> 00:41:58,584 Netscape in the end. 793 00:41:58,617 --> 00:42:03,054 For those of us who cared more about the browser and the technology and the ideals that 794 00:42:03,088 --> 00:42:07,926 we had about making something that changed the world, in that way we succeeded beyond 795 00:42:07,959 --> 00:42:10,829 what anybody could possibly consider success. 796 00:42:14,600 --> 00:42:18,937 I got to be part of two truly amazing milestones in high-tech industry and 797 00:42:18,970 --> 00:42:21,272 I feel very grateful for that. 798 00:42:34,986 --> 00:42:37,022 (phone rings). 799 00:42:38,690 --> 00:42:40,258 MICHAEL: Paul! 800 00:42:41,259 --> 00:42:43,762 Hey Lee, it's Michael Fenne. 801 00:42:43,795 --> 00:42:45,864 I see I missed a couple calls. 802 00:42:45,897 --> 00:42:48,333 WISKOWSKI: 22. You missed 22 calls, Michael. 803 00:42:49,067 --> 00:42:51,202 MICHAEL: Oh, well, it's been a crazy day here as you can imagine, 804 00:42:51,236 --> 00:42:54,205 I do apologize, but we cannot argue with the results. 805 00:42:54,239 --> 00:42:56,141 Unqualified success. 806 00:42:56,174 --> 00:42:58,944 WISKOWSKI: You're joking, right? You're joking? 807 00:42:58,977 --> 00:43:01,613 MICHAEL: Okay fair enough, some people thought that Kiss was lip-synching, 808 00:43:01,647 --> 00:43:04,215 but they're legends, let's not judge them too harshly. 809 00:43:04,249 --> 00:43:05,751 WISKOWSKI: That is not what I'm talking about. 810 00:43:05,784 --> 00:43:08,153 Listen. It didn't work, Michael. iBash. 811 00:43:08,186 --> 00:43:09,721 You didn't deliver on what you promised. 812 00:43:09,755 --> 00:43:13,024 MICHAEL: Well, I have a holy host of people here who would argue otherwise. 813 00:43:13,058 --> 00:43:14,926 Hey, what did y'all think of iBash?! 814 00:43:14,960 --> 00:43:18,096 -Whooo! 815 00:43:19,064 --> 00:43:20,832 WISKOWSKI: Well I called around. 816 00:43:20,866 --> 00:43:23,201 And no one could stream it. 817 00:43:23,234 --> 00:43:24,903 MICHAEL: Huh. 818 00:43:24,936 --> 00:43:27,906 WISKOWSKI: "Huh"? That's it? "Huh"? Ok. 819 00:43:27,939 --> 00:43:29,708 What do your technical people have to say? 820 00:43:29,741 --> 00:43:31,109 The ones who handled the streaming? 821 00:43:31,142 --> 00:43:36,181 GARY: I told them that iBash could not possibly be distributed over the 822 00:43:36,214 --> 00:43:39,751 Internet with Pixelon's technology. 823 00:43:40,618 --> 00:43:43,354 MICHAEL: Hey, these friends that you called, now any of 'em have a T1 line? 824 00:43:43,388 --> 00:43:45,724 Cause download speeds on T1 lines... 825 00:43:45,757 --> 00:43:48,760 WISKOWSKI: Friends in Chicago, friends in Los Angeles, Miami, Dallas, 826 00:43:48,794 --> 00:43:52,163 a friend whose office overlooks the Jumbotron in Times Square. 827 00:43:52,197 --> 00:43:55,333 Nobody, nobody saw a goddamn thing, Michael! 828 00:43:55,366 --> 00:43:57,402 Nobody! 829 00:43:58,236 --> 00:44:01,206 MICHAEL: Lee, did I do something to offend you? 830 00:44:01,239 --> 00:44:05,376 WISKOWSKI: Yeah, you spent $12 million of my money on something that didn't work. 831 00:44:05,744 --> 00:44:07,846 MICHAEL: $12 million of your money? 832 00:44:07,879 --> 00:44:09,247 WISKOWSKI: Just admit it didn't work. 833 00:44:09,280 --> 00:44:10,782 Just admit it. 834 00:44:10,816 --> 00:44:14,052 MICHAEL: Even if what you're saying is true, which I'm not saying it is, 835 00:44:14,085 --> 00:44:17,756 but let's just imagine that you're totally right, computer screens, 836 00:44:17,789 --> 00:44:20,759 the Pixelon player just a blank screen, people staring at it, 837 00:44:20,792 --> 00:44:23,729 nothing happening, complete and utter failure, did not work. 838 00:44:24,229 --> 00:44:26,164 It doesn't matter. It doesn't matter. 839 00:44:26,197 --> 00:44:27,766 Ok? 840 00:44:27,799 --> 00:44:30,769 What matters is it could work and someday it will work. 841 00:44:31,302 --> 00:44:34,472 That's the moment we're in, this glorious technological revolution. 842 00:44:34,505 --> 00:44:37,709 It's what people are hoping for. 843 00:44:37,743 --> 00:44:39,310 The promise for a better tomorrow. 844 00:44:39,344 --> 00:44:41,112 That's what we're selling. 845 00:44:41,146 --> 00:44:43,749 Ok? Fortunately for us, it did work. 846 00:44:44,282 --> 00:44:45,483 GARY: They faked it. It was a scam. 847 00:44:45,516 --> 00:44:47,786 iBash failed. 848 00:44:47,819 --> 00:44:49,821 MICHAEL: It's just the icing on the cake. 849 00:44:49,855 --> 00:44:51,723 Alright? 850 00:44:51,757 --> 00:44:53,892 Let's talk next week. 851 00:44:56,762 --> 00:45:02,033 MARK: What entrepreneur is dumb enough to spend all of their money 852 00:45:02,067 --> 00:45:06,404 on a party when their technology is not ready 853 00:45:06,437 --> 00:45:09,808 and they need to get their technology ready, 854 00:45:09,841 --> 00:45:13,111 10, $15 million, are you kidding me? 855 00:45:13,945 --> 00:45:15,380 MICHAEL: Hey, not leaving already, are you? 856 00:45:15,413 --> 00:45:17,415 DAN: I'm not much of a night owl. 857 00:45:17,448 --> 00:45:18,950 MICHAEL: How'd you like The Who? 858 00:45:18,984 --> 00:45:20,385 DAN: They were incredible. 859 00:45:20,418 --> 00:45:22,487 So you must be pleased with how the day went. 860 00:45:22,520 --> 00:45:25,223 MICHAEL: Absolutely. Nothing but blue skies ahead. 861 00:45:26,191 --> 00:45:29,227 * I can see blue skies on the horizon * 862 00:45:29,260 --> 00:45:32,363 * Feeling like this is my day * 863 00:45:58,556 --> 00:45:59,757 Captioned by Cotter Captioning Services. 864 00:45:59,807 --> 00:46:04,357 Repair and Synchronization by Easy Subtitles Synchronizer 1.0.0.0 73470

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