Great find. Of course, it's not like doing the wrong thing worked out well for them either:

http://www.nasdaq.com/symbol/rnwk/stock-chart?intraday=off&t...

Now they're worth maybe 10% of what they were when that guy left Real Networks.

The thing that kills me here is that they had more than two options. In the short term, sure, they're stuck. But in the long term, they could have either kept sucking or they could have worked to turn it around.