Securities and Exchange Commission

HBO’s Silicon Valley is back, but Richard is still out as Pied Piper’s CEO.  To recap how we got here:  in the closing moments of last season, the Pied Piper team triumphed by successfully livestreaming its condor cam video to 200,000 viewers—including Laurie, the head of Raviga Capital, one of Pied Piper’s two investors.  Laurie was so impressed with the technology that  Raviga Capital immediately bought out Pied Piper’s other investor, Russ Hanneman.  By doing so, Raviga Capital gained control of three of Pied Piper’s five board seats, and promptly used its majority control to remove Richard as CEO.
Continue Reading Success Is Not Always Founder Friendly (Silicon Valley – Episode 19)