Billionaire Roku Founder Anthony Wood Has Quadrupled His Net Worth This Year
This plan to cater to advertisers is an old plan of Wood’s. And it was born out of failure. In the early 90s, he was frustrated trying to record episodes of his favorite TV show – Star Trek: The Next Generation – on VHS tapes, so he invented the DVR. ReplayTV was his brainchild. It was released in 1999 and retailed for $1,000. That was his big mistake. TiVo came out around the same time and sold its DVRs for half that amount....