Through the mid- to late 1990s, Parekh was a frequently cited critic of U.S. policy on encryption software.[7][8][9][10] The cover story for the September 1997 issue of Forbes focused on his views of the political and social impact of cryptography.[1] Through C2Net, Parekh pioneered the offshore development of cryptography by U.S. companies to avoid U.S. regulation,[11] and later helped organize the first global conference on
financial cryptography in Anguilla.[12] He was also an advisor to and the chairman of
HavenCo, a company that attempted to create a data haven in the
Principality of Sealand.[13]
After selling
C2Net to
Red Hat,[14] Parekh traveled around Central and Eastern Europe in 2001 on a DJ tour. He played in countries such as Poland,
Serbia,
Croatia,
Latvia.[15] He also produced a number of "renegade" events in the Port of Oakland.[16]
As of spring 2012, Parekh is the proprietor of Falkor Systems, a flying robot startup based in the New York area.[18] In 2014, he was "Entrepreneur in Residence" at the
Correll Robotics lab,
University of Colorado at
Boulder.