Thursday, April 19, 2012

Sean Parker

Description: Entrepreneur and businessman
Net worth: 2.1 Billion
Noteworthy facts: Never went to college, made 80k/year while a senior in high school, was recruited to work for the CIA while in high school
Ventures:



Napster 1999-2001
-Co founder of Napster with Shawn Fanning
-Within 1 year had tens of millions of users
-Shutdown by series of lawsuits
-Parker never suffered any legal consequences
Plaxo 2002-Present
-Address book and social networking service
-Integrated with Outlook
Causes 2007-present
-fundraising and advocacy application in Facebook
-"world's largest online platform for activism with 100 million installed users and $30 million raised for nonprofits" 
Facebook 2004-present
-Parker became founding president of company
-Supposed first investor of company
-"Zuckerberg notes that "Sean was pivotal in helping Facebook transform from a college project into a real company."
Spotify 2008-present
-Swedish start up company
-Parker wanted to invest in music sharing company similar to Napster legally
-"Parker announced a partnership between Facebook and Spotify, which allowed users to share their Spotify playlists on their Facebook profiles."
Source:
Sean Parker




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