"And then one of the guys goes, 'That there was Brooklyn country, '" Kanene Pipkin said.
Over the years, Pipkin has apparently brought in just one outside investor, Summit Partners, in 2002.
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"At Belkin, we're committed to enabling great experiences for users of today's mobile and connected home technologies, " Pipkin said.
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Though based in Brooklyn now, Williams and Elmquist grew up in rural Georgia, while Pipkin was raised in Virginia.
"I definitely think folk music in its very essence is communal, " Pipkin said.
"We're very excited about this announcement, " said Chet Pipkin, CEO of Belkin.
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Headquartered in Los Angeles away from the IPO craze of Silicon Valley, Pipkin enjoys his low profile and is in no apparent hurry to change that.
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While we spoke with Pipkin, he would not confirm details of the deal or the company revenues, explaining that the private company has never commented on such information.
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But Pipkin soon figured out how to break the case.
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After several entrepreneurial efforts, Pipkin, who knew little about hardware or software, started Belkin in 1983 in a two car garage in Southern California with the goal of riding the PC craze.
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The news prompted PrivCo, a research firm that provides financial data on major, non-publicly traded corporations, including family owned, private equity owned, venture backed, and international unlisted companies, to publish a report that declared Pipkin a billionaire.
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Each night the trio of Williams, Pipkin and Brian Elmquist drew in the crowd quickly, won them over with a sound that's more electrified than their peers and earned standing ovations something more difficult to pull off in apathetic Nashville than a hit single.
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