BREAKING: Facebook files its S-1; let the IPO hoopla begin
Facebook has filed its S-1 form with the SEC, announcing its intention to go public.
The SEC filing is included at the end of this post for your convenience, since this news has understandably had a negative impact on the SEC’s site.
The stock ticker symbol will be FB. No starting price has yet been named, but Facebook did say in the filing it expects to raise $5 billion in the IPO. The transaction may … Continue Reading
The fast, fabulous life of 32-year-old billionaire Sean Parker
If you ever wondered what it would be like to be a billionaire before forty, look no further than Sean Parker.
His fabulous, $20 million townhouse in New York’s West Village has an indoor swimming pool, features Byzantine icons and two massive, six-foot portraits by Spanish Renaissance painter Alonso Sánchez Coello, is large enough to accommodate a party of 800, and has at least four floors. Oh, and it’s called “Bacchus House,” which might give … Continue Reading
At LeWeb, it’s all hand-wringing: Paris versus London
Jan Rezab is the CEO of social media and digital analytics company SocialBakers.
The LeWeb conference is just winding down for another year in Paris. From the major brands to the new startups looking for the big break, everyone’s been here.
The conference began amid a lot of speculation about a possible move to London. That commenced a whole debate around innovation in Europe and the regular debate on Europe vs. Silicon Valley. This was … Continue Reading
Sean Parker invests in online concert startup StageIt
As if his involvement with Napster and Spotify wasn’t enough to shake up the music industry, Sean Parker has now also invested in music startup StageIt, according to a BusinessInsider report.
StageIt is basically an online platform for live concerts. The company aims to help music artists monetize their live shows by focusing on a truly live experience — meaning the concerts aren’t recorded and/or archived for later viewing. Founder Evan Lowenstein launched the company … Continue Reading
How charity:water became tech’s favorite non-profit
“I had a model girlfriend and a BMW. I wore a Rolex. But I was really miserable,” says Scott Harrison, founder of charity:water, on the period leading up to its genesis.
charity:water has already brought clean drinking water to 2 million people around the world and is supported by some of technology’s biggest names including Sean Parker (Napster), Jack Dorsey (Twitter), Marissa Mayer (Google), Dennis Crowley (Foursquare) and Michael Birch (founder of social network Bebo). … Continue Reading
From Napster to Spotify, Sean Parker is planning for “the next music industry”
Sean Parker began his tour in the Internet spotlight by blowing up the music industry, and it apparently became sort of a hobby for the serial entrepreneur.
He co-founded Napster in 1999; a decade and change later, he’s taking on the industry from a new angle as an investor in and board member at Spotify.
Ever since music changed from a physical medium to a digital medium, Parker has been disrupting the space and trying … Continue Reading
Sean Parker says Spotify on Facebook lives up to original Napster vision (video)
Sean Parker, the billionaire of Napster and Facebook fame, is on to his next big deal: Spotify, which started in Europe and is now offering streaming music in the U.S.
In a conversation with Spotify chief executive Daniel Ek, Parker said that the rise of Spotify and other music streaming services and the debut of their integration with Facebook today fulfilled the original vision he had for Napster. And that vision wasn’t about music piracy.… Continue Reading
