In the mid-1990s, Farzin Arsanjani and his business partner, Kamyar Kaviani, invested in a little company with some interesting software that helps small businesses manage e-mail and share documents. Flush with venture funding and ambitious ideas, that start-up began giving away its original product, never made much money and eventually closed its doors.

source:

http://www.washingtonpost.com/wp-dyn/articles/A31922-2004May16.html