But don't worry, his worth is $1 billion so he doesn't really miss that $10 million he put into AAR.
Rob Glaser of Real Networks, that is.
http://www.seattleweekly.com/news/0702/airglazer.php
>>"I think some people—Glaser may be among them—got into it for political reasons after the 2004 election," says Hood, "but found themselves in a tough business which happened to go into a serious downturn shortly after their launch." Radio growth is sluggish anyway, Hood says, and for AAR, "it was a poor environment for a new company, with a new format, and investors with not much experience in the business."
Rob Glaser of Real Networks, that is.
http://www.seattleweekly.com/news/0702/airglazer.php
>>"I think some people—Glaser may be among them—got into it for political reasons after the 2004 election," says Hood, "but found themselves in a tough business which happened to go into a serious downturn shortly after their launch." Radio growth is sluggish anyway, Hood says, and for AAR, "it was a poor environment for a new company, with a new format, and investors with not much experience in the business."