- Pixelon
Pixelon was a
dot-com company founded in 1998 that gained fame for its extravagant launch party and sudden and violent decline less than a year afterwards. It promised better distribution of high-quality video over theinternet using technologies that were, in fact, fake or misrepresented. [ [http://feed.proteinos.com/item/950 Blogs | Protein OS ] ] Its founder, Michael Fenne, was actually David Kim Stanley. [Wired.com [http://www.wired.com/techbiz/media/news/2000/05/36243] ] [ [http://www.pcworld.com/article/id,127116-page,5-c,sites/article.html PC World - The 25 Worst Web Sites ] ] , a convicted felon involved in stock scams who was running from the law. In the year2000 it gradually fired employees and reduced its operations until itsbankruptcy . [ [http://news.com.com/2100-1023-240493.html?legacy=cnet Pixelon issues sweeping layoffs after founder's arrest | CNET News.com ] ]References
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