hold and will restart when oil prices have reached prices again above 100 dollars per barrel. Failures and successes Various successful companies include Veritas Software, Netwise, Quokka Sports, Google, TiVo, Netscape, General Instrument, Lost Boys, and various others. Some failures include a magazine, Opinio, much older projects such as a web site, Tradingcars.com, and the telecommunications company Stonehenge. Efforts to start MyGuide, a company specializing in GPS navigation units and meant to compete with TomTom, also failed. Roel Pieper has been held accountable by the receivership of MyGuide for the lack of an administration, a coherent strategy and inferior products. There is currently a claim of 2 million Euros pending, which Pieper claims to be erroneous. At the trial it was noted that he maintained bad bookkeeping but due to the nature of the law was unable to be held personally accountable. As a result, all cases around MyGuide have been closed. As of 2015 Roel Pieper had a court case pending regarding outstanding legal fees from Goodwin Procter which as of 2016 has been ruled in favour of Goodwin Proctor. In 2016 the Goodwin Proctor lawsuit was settled out of court in a mutual agreement between all parties. Pursuit Dynamics In 2009 Pieper was appointed CEO of UK-based production technology firm, Pursuit Dynamics. He subsequently left the firm on 15 December 2011 as a result of a conflict with some shareholders who forced a rights issue which was announced after the company failed to meet revenue targets. Pieper resigned after the board of directors decided to support the rights issue strategy demanded by one group of shareholders. The company subsequently was unable to return to its full potential as the rights issue created a period of high volatility and uncertainty. The company in fact never survived that decision and was unable to attract any substantial new business. The company sold its assets and was effectively liquidated. RiRo Ventures Since 2002 the Pieper family has invested in a number of high tech ventures. The investments are not limited to a geography or to a specific sector. In a number of these ventures the strategic direction of the investments becomes evident. New energy, engines, propulsion and a number of unique IT technologies such as the Antenna Company which was founded and funded together with Marcel Boekhoorn who is a long-term business partner and friend of the family. Since the failure of