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  <title>Pixelon and the $16 Million iBash</title>
  <description>Pixelon was an American dot-com company founded in 1998 that promised better distribution of high-quality video over the Internet. It was based in San Juan Capistrano, California.[1] It gained fame for its extravagant Las Vegas launch party, followed by its sudden and violent decline less than a year later as it became evident it was using technologies that were, in fact, fake or misrepresented.[2] Its founder, &amp;quot;Michael Fenne&amp;quot;, was actually David Kim Stanley, a convicted felon involved in stock scams who was &amp;quot;on the lam and living out of the back of his car&amp;quot; when he arrived in California two years earlier.[1][3] In the year 2000, Pixelon began to fire employees and reduce its operations until its bankruptcy.[4][5] Pixelon ousted their management team and filed for bankruptcy in June 2000.[6] </description>
  <author_name>Citation Needed</author_name>
  <author_url>http://citationpod.com</author_url>
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