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echo: barktopus
to: Tony Williams
from: Phil Payne
date: 2006-03-25 10:04:00
subject: Re: Holy software business batman!

From: "Phil Payne" 


"Tony Williams"  wrote in message
news:442305ee{at}w3....

> Yup. I've been on the wrong side of (a variation on) that one. Long
> story short, I was lead developer and on the board of a small software
> house. As soon as we had a shipping product the main investors managed
> to shut down the development company and transfer all the IP to another
> company which was waiting in the wings. Very slickly engineered and
> nothing we could do about it.

Works the other way, too.  Check out UMX and Roundtrip Systems - worthless
IP dumped for real money.

The Russian connection is amusing.

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