Sean Parker Posts

Napster co-founder Sean Parker buys $55M home from Ellen DeGeneres

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Ellen DeGeneres has sold her 11,511 square foot home for $55 million to Sean Parker, the co-founder of Napster and the founding president of Facebook. The home was built in 1950 for real estate developer and modernist art collector Sidney Brody. The house was purchased for $15 million by an unnamed investor-owner around 4 years before it was purchased by Ellen. That investor spent around 3 years restoring the “Mid Century Modern” home. Ellen bought the home last winter for $40 million. Some of the home’s features include tennis courts, a swimming pool, and a guest house.

FTC says Napster co-founder John Fanning misused Facebook data

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The three founders of Napster are Shawn Fanning, Sean Parker, and John Fanning. Parker was the founding president of Facebook and now runs a startup called Airtime. Shawn Fanning co-founded Path and is involved in several other projects, including Airtime. John Fanning, the uncle of Shawn, started a company called Jerk.com, which has now landed in hot water.

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Founders Fund raises $1 billion for fifth fund, Sean Parker steps down

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The Founders Fund has closed on a $1 billion fifth venture capital fund. This new fund will be led by partners Ken Howery, Luke Nosek, Brian Singerman, Peter Thiel, Lauren Gross, Geoff Lewis and Scott Nolan. Founders Fund said that it will use these funds on a “wide variety of sectors” including aerospace, A.I., energy, health, and consumer Internet. In the past, The Founders Fund invested in companies like SpaceX, Airbnb, Path, Credit Karma, ZocDoc, Stripe, Lyft, Yammer, SolarCity, and Palantir.
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Report: Airtime has been rebranded to OkHello

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Airtime is a live video website that supports real-time sharing and communication where users post videos and respond to them in real-time. Airtime was founded by Napster’s co-founders Sean Parker and Shawn Fanning. When Airtime launched, the company raised $33 million in funding from several of Silicon Valley’s top investors.
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Crowdtilt raises $23 million in Series B

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Crowdtilt is a startup that wants to help crowdfund everyday activities like parties, gifts, and trips. Today Crowdtilt has announced a $23 million second round of funding led by Andreessen Horowitz with participation from SV Angel, Sean Parker, Matt Mullenweg, Oliver Jung, DCM, Felicis Ventures, Naval Ravikant, Alexis Ohanian, Elad Gil, and several other investors. Crowdtilt will be using the funding to hire employees and focus on international expansion.

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WillCall Raises $1.2 Million To Help You Find Concerts

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WillCall is a concert discovery company that has raised $1.2 million in funding from Sean Parker, Coran Capshaw, SV Angel, Joe Gebbia, Oliver Luckett, Bruce Flohr, John Frankenheimer, Oliver Jung, and SV Angel.

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Bill Gates, Steve Ballmer, Sean Parker, and Brad Smith Join FWD.us

Earlier this month, we wrote about how Facebook CEO and co-founder Mark Zuckerberg launched a political group called FWD.us.  Now Microsoft co-founder Bill Gates, Microsoft CEO Steve Ballmer, Microsoft General Counsel and EVP Brad Smith, and Airtime founder Sean Parker have also joined FWD.us.  FWD.us is focused on immigration, education, and employment issues in Washington D.C.
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Y Combinator Company Crowdtilt Raises $12 Million

Crowdtilt is a crowdfunding company that spun out from Y Combinator.  Crowdtilt has raised $12 million in Series A funding from Sean Parker, Andreessen Horowitz, CrunchFund, DCM, and Felicis Ventures.  Before this round, Crowdtilt raised $2.1 million in seed funding this past May from SV Angel, CrunchFund, Paul Buchheit, Alexis Ohanian, Harj Taggar, Garry Tan, DCM, and Felicis Ventures.
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