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Shawn Fanning

Best Buy To Buy Napster For $121 Million

This story of Shawn Fanning has a twist now - Best Buy is buying Napster for $121 Million. But in fact, Best Buy is actually paying only $54 Million if you take into account the cash and short-term investments more...
Discuss  |  Topic: Mergers and Acquisitions  |  

Snocap lays off 60 percent of its team

Napster founder Shawn Fanning and Jordan Mendelson started this digital music startup Snocap as a way to make up for the problems with the record-labels earlier and this time provide legal music through more...
Discuss  |  Topic: Startup Lessons  |