Ep 4. Fiduciary Duties

Richard, Erlich, and Jared are in a difficult position when they discover that Peter Gregory's investment comes with some unexpected strings attached. In order to secure his multi-million dollar investment, Peter requires that the Pied Piper team have a fiduciary responsibility to him, meaning that they must prioritize his financial interests over their own. This creates a dilemma for the team as they struggle to balance their own ambitions with the demands of their investor.

Meanwhile, the team continues to face challenges in developing their compression algorithm. They must contend with the incompetence of Hooli's engineers, who are also working on a compression product, as well as the competitive nature of the tech industry. On top of all this, Jared discovers that another company has already developed a similar product and is set to launch it soon.

As the pressure mounts, tensions rise within the Pied Piper team. Richard struggles to maintain his integrity while navigating the demands of his investors, while Erlich sees an opportunity to leverage his personal relationship with Peter Gregory to gain more leverage for the company. Jared, meanwhile, does his best to keep the team focused and on task, despite the challenges they face.

Ultimately, the team must decide whether their fiduciary duties to Peter Gregory trump their own ambitions and goals for the company. Along the way, they learn important lessons about the complexities of the tech industry, the importance of integrity and trust in business relationships, and the challenges of navigating the high-stakes world of Silicon Valley.