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2.5 MB

Extraction Summary

6
People
7
Organizations
6
Locations
3
Events
2
Relationships
4
Quotes

Document Information

Type: Publication excerpt / evidence file (likely a book chapter or article included in discovery)
File Size: 2.5 MB
Summary

This document appears to be a page from a book or narrative article (stamped with a House Oversight investigation number) titled 'The Renaissance Minimalist.' It tells the story of Douglas Price, a Brooklyn-based entrepreneur and musician, detailing his automated income streams, travels to Croatia and Japan, and business ventures including Prosoundeffects.com and a partnership with a Limewire cofounder. The text contrasts his current lifestyle in 2006 with his situation in 2004, emphasizing a shift toward 'minimal time investment' business models.

People (6)

Name Role Context
Douglas Price Subject/Protagonist
Described as 'The Renaissance Minimalist', lives in Brooklyn, travels frequently, involved in multiple business ventu...
Ron Popeil Quoted Figure
Founder of RONCO, quoted at the top of the page.
Ralph Waldo Emerson Quoted Figure
Quoted at the top of the page regarding principles vs. methods.
Demon Doc Alias
Musical alias for Douglas Price.
Unnamed Narrator Author/Friend
Refers to themselves as 'I', was in Doug's apartment in June 2004 before traveling.
Unnamed Cofounder of Limewire Business Partner
Friend/partner of Doug, working on 'Last Bamboo'.

Organizations (7)

Name Type Context
RONCO
Company founded by Ron Popeil.
Limewire
Peer-to-peer technology company; Doug's partner is a cofounder.
Last Bamboo
Start-up company poised to reinvent peer-to-peer technology.
Samson Projects
Contemporary art gallery in Boston.
Prosoundeffects.com
Business launched by Doug in Jan 2005.
eBay
Platform used for sales testing Prosoundeffects.com.
House Oversight Committee
Implied by the footer stamp 'HOUSE_OVERSIGHT'.

Timeline (3 events)

January 2005
Launch of Prosoundeffects.com following eBay testing.
Unknown
June 2004
Narrator visits Doug's apartment before leaving for a world trip via JFK.
Doug's apartment, Brooklyn/NYC
Narrator Douglas Price
Summer 2006
Doug returns from 2 weeks in Croatia.
Croatia/Brooklyn

Locations (6)

Location Context
Location of Douglas Price's brownstone.
Islands visited by Doug for two weeks.
Next destination on Doug's agenda.
Location of Samson Projects gallery.
New York airport the narrator was heading to in 2004.
City containing JFK Airport.

Relationships (2)

Douglas Price Business Partners/Friends Limewire Cofounder
Text refers to 'One of his friends and business partners, also a cofounder of Limewire'
Douglas Price Friends Narrator
Narrator was in Doug's apartment, Doug looked on with amusement, bid farewell.

Key Quotes (4)

"Just set it and forget it!"
Source
HOUSE_OVERSIGHT_013890.jpg
Quote #1
"The man who grasps principles can successfully select his own methods."
Source
HOUSE_OVERSIGHT_013890.jpg
Quote #2
"It could be their billion-dollar baby, but Doug was letting the engineers run wild first."
Source
HOUSE_OVERSIGHT_013890.jpg
Quote #3
"give Doug lots of cash with minimal time investment."
Source
HOUSE_OVERSIGHT_013890.jpg
Quote #4

Full Extracted Text

Complete text extracted from the document (3,179 characters)

Just set it and forget it!
—RON POPEIL, founder of RONCO; responsible for more than $1 billion in sales of rotisserie chicken roasters
As to methods there may be a million and then some, but principles are few. The man who grasps principles can successfully select his own methods. The man who tries methods, ignoring principles, is sure to have trouble.
—RALPH WALDO EMERSON
The Renaissance Minimalist
Douglas Price was waking up to another beautiful summer morning in his Brooklyn brownstone. First things first: coffee. The jet lag was minor, considering he had just returned from a two-week jaunt through the islands of Croatia. It was just one of six countries he had visited in the last 12 months. Japan was next on the agenda.
Buzzing with a smile and his coffee mug in hand, he ambled over to his Mac to check on personal e-mail first. There were 32 messages and all brought good news.
One of his friends and business partners, also a cofounder of Limewire, had an update: Last Bamboo, their start-up poised to reinvent peer-to-peer technology, was rounding the final corners of development. It could be their billion-dollar baby, but Doug was letting the engineers run wild first.
Samson Projects, one of the hottest contemporary art galleries in Boston, had compliments for Doug’s latest work and requests for expanded involvement with new exhibits as their sound curator.
The last e-mail in his inbox was a fan letter addressed to “Demon Doc” and praise for his latest instrumental hip-hop album, onliness V1.0.1. Doug had released his album as what he termed “open source music”—anyone could download the album for free and use sounds from any track in his or her own compositions.
He smiled again, polished off his dark roast, and opened a window to deal with business e-mail next. It would take much less time. In fact, less than 30 minutes for the day and 2 hours for the week.
How much things change.
Two years earlier, in June of 2004, I was in Doug’s apartment checking e-mail for what I hoped would be the last time for a long time. I was headed to JFK Airport in New York in a matter of hours and was preparing for an indefinite quest around the world. Doug looked on with amusement. He had similar plans for himself and was finally extricating himself from a venture-funded Internet startup that had once been a cover story and his passion but was now just a job. The euphoria of the dot-com era was long dead, along with most chances for a sale or an IPO.
He bid me farewell and made a decision as the taxi pulled from the curb—enough of the complicated stuff. It was time to return to basics.
Prosoundeffects.com, launched in January of 2005 after one week of sales testing on eBay, was designed to do one thing: give Doug lots of cash with minimal time investment.
This brings us back to his business inbox in 2006.
There are 10 orders for sound libraries, CDs that film producers, musicians, video game designers, and other audio professionals use to add hard-to-find sounds—whether the purr of a lemur or an exotic instrument—to their own creations. These are Doug’s products, but he doesn’t own them, as that would
HOUSE_OVERSIGHT_013890

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