While Bighetti was not fired, he currently didn't have a project to be assigned to, so he lived on the roof of the building with various other unassigned employees (" Fiduciary Duties").īighetti was also called in by Belson to explain why Pied Piper had joined TechCrunch Disrupt considering it was already funded, but to no avail. In retaliation of Dunn's resignation, Belson promoted Nelson Bighetti as part of the Nucleus project, which Bighetti informed Hendricks would be a competitor to Pied Piper (" The Cap Table").īighetti's position on the Nucleus project was short lived, however, as he was "unassigned" due to his lack of cooperation on the project. News of the compression done by the site reached to Gavin Belson, who contacted Hendricks to offer him $10 million for the algorithm, but lost to Peter Gregory's bid of $200,000 for 5% of Pied Piper, making the company worth $10,000,000 (" Minimum Viable Product").Įxecutive Jared Dunn left the company that same day to join Pied Piper, impressed by Hendricks' algorithm and his refusal of Belson's offer. In 2014, Hooli employee Richard Hendricks created Pied Piper and presented it to two Hooli employees, who were originally dismissive towards Hendricks' site which had been pitched as the "Google of music", but were impressed by the level of compression done by the site.
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