Investors hated Pex until this….

Rasty Turek, Pex, European Founder, Funding, International Founders, Social Media

Today’s guest came up with the idea to scrape the internet’s audio and video to find pirated content. But he had one major problem: no investor would touch it.

We’ll find out how everything changed for him just days before filing bankruptcy. If you have an idea that investors are balking at, you don’t want to miss this interview.

Rasty Turek is the founder of Pex, a database of all the video and audio on the internet.

 

Rasty Turek

Pex

Rasty Turek is the founder of Pex, a video and music search engine.

Andrew: Hey there, freedom fighters. My name is Andrew Warner. I’m the founder of Mixergy, where I interview entrepreneurs about how they built their businesses. And, um, you know, that if you play, let’s say Madonna’s song from 20 years ago on a YouTube video of yours in the background while you’re dancing to it, you know, that’s a copyright violation.

But it turns out if it goes on for 15, 20 seconds, Google won’t even flag it. YouTube would just allow it to go up and probably stay there. Well, joining me as an entrepreneur, who said, I think I could do better than Google is smart. You’re smiling, right? Because I’m on the right track with what you’re doing.

Right. He goes, look, I think what I could do is let, let Madonna’s people know. Even if it’s 15 seconds of music that was played, if it belongs to her and she wants to do something about it, I could help her get paid and ditto for small...

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