Why Europe is set to beat Silicon Valley at its own game.
In 2001, the company lawyers had arranged a meeting with RIAA and MPAA—big teams of lawyers flying in from the East Coast to meet in their lawyers’ office in Beverly Hills on a Friday. On that Wednesday, they found an internal memo leaked from the organizations they were supposed to meet that called them “Public Enemy No 1 operating offshore.” The memo said “it was imperative to make an example of us,” he recalls with a slight smile.
“We got turned down by everyone,” he says simply. “We wanted to disrupt the global telephone network with this peer-to-peer technology, and that’s a big ask. A lot of them had been burnt by the dotcom crash. The model they preferred was to take something that worked in the US and do it in a local market.” He pauses and smiles.
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