Summary of The Inside Story of BitTorrent’s Bizarre Collapse
How a group of valley outsiders blew through the company’s cash and nearly left it for dead.
The BitTorrent protocol remains an unmatched innovation. So why is the BitTorrent company such a flop?
What happens when a brilliant piece of technology can’t find a profitable business niche? Consider the case of the BitTorrent protocol – one of the most common protocols for file sharing on the Internet. Journalist Jessi Hempel digs into the strange history of BitTorrent, the company created to monetize Bram Cohen’s groundbreaking invention. In tracing the many attempts by an ever changing cast of executives and investors to transform the BitTorrent protocol into a successful company, Hempel constructs a kind of morality tale for tech entrepreneurs. getAbstract recommends this article to tech investors, executives and inventors.
In this summary, you will learn
- How the BitTorrent protocol revolutionized data sharing,
- How the BitTorrent company tried and failed to develop into a profitable business, and
- Why the company’s late-2016 launch of a BitTorrent Live app offers some hope.
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