Say Good Night, Moxi
"Moxi Digital Inc., a high-profile Silicon Valley start-up, is being acquired by Digeo, the interactive television company founded by Paul Allen, a co-founder of Microsoft Corp. Moxi, created in January 2000 by Steve Perlman, a co-founder of Web TV Networks Inc., unveiled an all-in-one home entertainment hub in January but ran into cash-flow problems within weeks." Paul Allen had exactly one piece of good luck in his life, latching on to Bill Gates at a very early stage. Everything else he touches tends to, um, underperform. Say good night, Moxi.
Posted at 2:17 AM