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Founders at Work.pdf

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C H A P T E R<br />

14<br />

Mike Ramsay<br />

Cofounder,TiVo<br />

Mike Ramsay and Jim Barton founded TiVo in 1997.<br />

Their original plan was to cre<strong>at</strong>e a network server for<br />

homes. Realizing it would be hard to explain to consumers<br />

why they needed one, they narrowed the idea<br />

down to one component of the original plan: the<br />

digital video recorder (DVR). The first version was<br />

launched in 1999.<br />

TiVo was ground-breaking in th<strong>at</strong> it took all the<br />

inform<strong>at</strong>ion th<strong>at</strong> existed on television and gave<br />

the viewers the power to manipul<strong>at</strong>e it. With TiVo,<br />

you could skip commercials, pause live TV, schedule<br />

the recording of every episode of a series—all the things one might expect to be<br />

able to do with d<strong>at</strong>a. But these new fe<strong>at</strong>ures sparked controversy in Hollywood.<br />

Networks worried about losing control over how people w<strong>at</strong>ched TV.<br />

By skillfully navig<strong>at</strong>ing the border between wh<strong>at</strong>’s possible with technology<br />

and wh<strong>at</strong> television executives would toler<strong>at</strong>e, TiVo brought about a revolution<br />

in the way people w<strong>at</strong>ch TV. Like Google, its name became a verb.<br />

TiVo went public in 1999. Ramsay stepped down as CEO in 2003, but<br />

remained as chairman.<br />

Livingston: You came to the United St<strong>at</strong>es when you were in your mid-20s.<br />

Wh<strong>at</strong> brought you here? Had you planned to stay for as long as you have?<br />

Ramsay: The reason I came was because I worked for HP. I joined HP right<br />

out of school. I was educ<strong>at</strong>ed in Scotland, and they had a factory over there.<br />

Through good fortune, I got a chance to come over here with HP and check the<br />

place out, and loved it so much th<strong>at</strong> my wife and I decided to come here.<br />

It was the mid-’70s and Britain was in bad shape. Th<strong>at</strong> was when there was<br />

25 to 30 percent infl<strong>at</strong>ion; there were strikes everywhere. By today’s standards,<br />

it was a complete mess. A lot of people, not just myself, were disillusioned. This<br />

was like Disneyland for technologists, so off we came. I had a gre<strong>at</strong> career with<br />

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