Shawn Fanning (born November 22, 1980) is an American computer programmer, entrepreneur, and angel investor. He developed Napster, one of the first popular peer-to-peer ("P2P") file sharing platforms, in 1999. The popularity of Napster was widespread and Fanning was featured on the cover of Time magazine.
|Alma mater||Northeastern University|
|Occupation||Computer programmer, entrepreneur, angel investor|
|Known for||Co-founder and lead software engineer of Napster|
|Napster, Snocap, Rupture, Path|
|Net worth||US$124 million (2019)|
The site in its initial free P2P incarnation was shut down in 2001 after the company's unsuccessful appeal of court orders arising from its encouraging the illegal sharing of copyrighted material. A paid subscription version of the site followed, and was purchased by Rhapsody on December 1, 2011. Following his involvement with Napster, he joined, and invested in, a number of early-stage technology startup companies.
In 2002, Fanning was named to the MIT Technology Review TR100 as one of the top 100 innovators in the world under the age of 35. In 2003, he opened a new company, Snocap, along with Jordan Mendelson (Napster's Chief Architect), and Ron Conway. The company aspired to be a legitimate marketplace for digital media. However, their partners and the public did not respond well. Customer support was poor, and technical issues were numerous. One of their primary partners, CD Baby, wrote a scathing account of their relationship. In late 2007, Snocap laid off 60% of its workforce. ValleyWag wrote an article that Fanning had long left Snocap and began to work on another venture, Rupture. The ValleyWag article stated that the failure was largely due to Snocap's CEO Rusty Rueff and that of former VP Engineerng Dave Rowley, who "made a mess of engineering before he was fired". Snocap was looking to sell itself and fast. In 2008, they found a buyer; imeem acquired Snocap in a fire sale.
The Rupture project was announced in 2007 with seed funding, and CrunchBase notes the date Shawn officially became CEO of Rupture was October 2, 2007.
In December 2006, Fanning, along with Co-founder Jon Baudanza, developed Rupture, a social networking tool designed to handle the task of publishing gamers' individual profiles to a communal space and facilitating communication between World of Warcraft players. Rupture was later acquired by Electronic Arts for $30 million. Fanning's career at Electronic Arts was short-lived as a round of layoffs in November 2009 included him and his team at Rupture.
A few months after Fanning was laid off from Electronic Arts, he started a new company called Path.com. In January 2010, Dave Morin announced he was leaving Facebook, where he was a Senior Platform Manager, to join Fanning and become CEO at Path.
In 2011 Fanning reunited with Napster cofounder Sean Parker to found Airtime.com. Some of the investors are Ron Conway, Michael Arrington, and Ashton Kutcher. Fanning serves as CEO and Parker as executive chairman.
Airtime launched in June 2012 at a disastrous public event where Parker and Fanning paid huge amounts of money to have celebrities present but the product repeatedly crashed and ultimately failed to work. Greg Sandoval of CNET commented, "To launch his new start-up, Sean Parker should have spent less of his billions on celebrity guests and more of it on fixing his technology."
In 2013 Fanning founded Helium Systems together with Amir Haleem, and Sean Carey. In December 2014, the company announced that it has raised $16 million in funding led by Khosla Ventures, with participation from FirstMark Capital, Digital Garage, Marc Benioff, SV Angel, and Slow Ventures among others.
In popular cultureEdit
In 2000, Fanning appeared as a presenter at the MTV Video Music Awards. He appeared wearing a Metallica T-shirt as the Metallica v. Napster, Inc. lawsuit had been filed a few months prior. "For Whom the Bell Tolls" played in the background. When asked where he got the shirt, Fanning stated, "a friend of mine shared it with me." Lars Ulrich was sitting in the audience, and his reaction was shown as feigned boredom.
Fanning had a cameo appearance as himself in the 2003 film The Italian Job. In the film, Seth Green's character Lyle accused Fanning of stealing Napster from him while he was taking a nap in their Northeastern University dorm room. Although other characters see this as mere bragging, a scene shows Fanning in fact creeping over Lyle's sleeping body and stealing a 3-1/2" floppy disk.
- https://www.wsj.com/articles/uber-jackpot-inside-one-of-the-greatest-startup-investments-of-all-time-11557496421%7Ctitle=[permanent dead link] Uber Jackpot: Inside One of the Greatest Startup Investments of All Time|accessdate=2019-05-10|publisher=WSJ.com
- "Time Magazine Cover: Shawn Fanning - Oct. 2, 2000". TIME magazine. Retrieved 2 April 2010.
- "2002 Young Innovators Under 35: Shawn Fanning, 21". Technology Review. 2002. Retrieved August 14, 2011.
- "What happened with CD Baby and Snocap". CD Baby. 2007-10-19. Archived from the original on August 15, 2009.
- "The Rise & Fall of Snocap – What Did We Learn?". Penny Distribution. 2007-12-18. Archived from the original on April 8, 2014.
- "Shawn Fanning leaves his Snocap baby an orphan". ValleyWag. Archived from the original on 2010-10-12.
- Greg Sandoval (2007-10-11). "Shawn Fanning's Snocap lays off 60 percent of workforce". CNET News.
- Hansell, Saul (2007-10-12). "Shawn Fanning's Snocap Prepares for Fire Sale". The New York Times.
- Orlowski, Andrew (2008-04-07). "Right idea, wrong time: Snocap's corpse washes up at Imeem". Theregister.co.uk. Retrieved 2012-08-21.
- Times, Alex Pham LA (2009-05-26). "Rupture: Shawn Fanning, Napster Founder, Has A New Brainchild". HuffPost. Retrieved 2020-02-02.
- "EA buys Shawn Fanning's Rupture for $30 million". CNET. 2008-05-08. Retrieved 2018-12-01.
- Peter Kafka (2008-08-04). "Business Insider". Business Insider. Retrieved 2012-08-21.
- Rob Crossley (2009-11-22). "EA studios named in mass-layoff operation". Develop Online. Archived from the original on 2009-11-14.
- Michael Arrington (2010-01-22). "Dave Morin Leaves Facebook, To Launch New Startup with Napster Creator Shawn Fanning". TechCrunch.
- "Dave Morin". CrunchBase.
- Bertoni, Steven (October 6, 2011). Sean Parker And Shawn Fanning's Secretive Airtime Gets Big Backers. Forbes.
- Apostolou, Natalie. "Napster boys are back with Airtime". The A Register. October 10, 2011.
- Napster founders return with Airtime start-up. BBC News. October 10, 2011.
- Sutter, John D. (June 6, 2012). "Is Airtime (a clothed version of Chatroulette) destined to fail?". CNN.
- Sandoval, Greg (June 6, 2012). "Sean Parker's Airtime not ready for prime time". CNET.
- "With $16M In Funding, Helium Wants To Provide The Connective Tissue For The Internet Of Things". TechCrunch. Retrieved 2020-02-06.
- Smallwood, Karl (5 April 2017). "How The Founder of Napster Trolled Metallica at the VMAs - Fact Fiend". Fact Fiend.
- "Lars Ulrich". YouTube. June 18, 2007
- Time magazine. October 2, 2000
- Boards Screening Room[permanent dead link]
- Webster, Andy (2013-06-20). "'Downloaded,' a Documentary About Napster". The New York Times. ISSN 0362-4331. Retrieved 2018-01-19.
|Wikimedia Commons has media related to Shawn Fanning.|