Tech

The Rise and Fall of BitTorrent

Read the full story at Backchannel

An inside look at the company behind a ubiquitous technology.

It’s not exactly as illuminating as I imagined, but this detailed inside story of BitTorrent’s history is not one to miss:

“Far more startups, having raised funding on the merits of an idea and a team, plod along for years or even decades, constantly casting about for the idea or customer or partnership that will transform them. Their investors are patient, and then exhausted, and then checked out, and then impatient. Their executives change, and then change again. The founders leave, or they hang on in hopes the company they conceived will somehow eventually prove itself. They are zombie startups.

Such is the case with BitTorrent. It has remained a technology in search of a business for a dozen years. Then last year, Delamar and Johnson arrived with plans to save it once and for all. Instead, they squandered millions on failed schemes, putting the company on course for collapse.”


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