In his previous company, Valence Research, Bain developed adistributed Web load-balancing software solution that was acquired by Microsoft and is now called Network Load Balancing within the Windows Server operating system.
"Gnutella is a fully distributed, peer-to-peer solution--buzzword-compliant, " says Kan, who sat through dozens of VC meetings with his programmer friends Yaroslav Faybishenko and Cody Oliver.