Sean Parker Invests In StageIt

Posted Dec 8, 2011

Napster co-founder and former Facebook president Sean Parker Sean Parker has invested in StageIt, an online live concerts website. Parker has a lot of experience in the music business so StageIt would be able to benefit by having Parker as an investor.

StageIt is a Los Angeles based startup company that allows artists to set up digital concerts and allows them to make money without leaving the house. StageIt founder Evan Lowenstein is a singer himself. Lowenstein did a demo of himself singing to show how fans purchase tickets to watch him perform live. StageIt also has a chat feature.

“You can’t pirate intimacy and you can’t pirate an experience,” stated Lowenstein.

[BusinessInsider]