Tim Meade had known the owners of the Chinese suitcase manufacturer for years, well enough to have spent many late nights sharing shots of high-octane Moutai liquor and swapping stories of family, friends, and vacations. So it was tough when Meade, general manager of Travel Sentry SA—which licenses locks that can be opened by airport security officials— discovered that the luggage maker had been underreporting the number of bags it had produced with the locks, effectively stealing the technology. It was even tougher three months later when he discovered the company cheating a second time—a total of 4 million unlicensed locks.
On a cold January day in 2019, Meade marched into the factory 300 miles west of Shanghai, took the owners into a conference room, and showed them his evidence: locks from the factory with unauthorized copies of Travel Sentry’s logo, a red diamond. Meade didn’t like the idea of losing his fifth-largest client, with sales of almost 4 million licenses a year. But he couldn’t let his now- former friends get away with pirating millions more, so he canceled the contract and blacklisted the company. “We call it killing the chicken to scare the monkey,” says Meade, a 55-year-old American based in Hong Kong. “We have manufacturers who tell us, ‘We know you guys are serious about licensing removal. We’ve seen what you’ve done to others.’ ”
هذه القصة مأخوذة من طبعة August 17 - 24, 2020 من Bloomberg Businessweek.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة August 17 - 24, 2020 من Bloomberg Businessweek.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Instagram's Founders Say It's Time for a New Social App
The rise of AI and the fall of Twitter could create opportunities for upstarts
Running in Circles
A subscription running shoe program aims to fight footwear waste
What I Learned Working at a Hawaiien Mega-Resort
Nine wild secrets from the staff at Turtle Bay, who have to manage everyone from haughty honeymooners to go-go-dancing golfers.
How Noma Will Blossom In Kyoto
The best restaurant in the world just began its second pop-up in Japan. Here's what's cooking
The Last-Mover Problem
A startup called Sennder is trying to bring an extremely tech-resistant industry into the age of apps
Tick Tock, TikTok
The US thinks the Chinese-owned social media app is a major national security risk. TikTok is running out of ways to avoid a ban
Cleaner Clothing Dye, Made From Bacteria
A UK company produces colors with less water than conventional methods and no toxic chemicals
Pumping Heat in Hamburg
The German port city plans to store hot water underground and bring it up to heat homes in the winter
Sustainability: Calamari's Climate Edge
Squid's ability to flourish in warmer waters makes it fitting for a diet for the changing environment
New Money, New Problems
In Naples, an influx of wealthy is displacing out-of-towners lower-income workers