It's been ten years since a student in Boston, Shawn Fenning, led a computing revolution that nearly destroyed a multi-billion dollar industry, is profoundly affecting nearly all forms of digital content, spurred Congress to enact new laws, and was influential in promoting Free as a business model.
His Napster long ago was swallowed by turbulent seas, but peer to peer applications live on in more than 200 million computers and is now a respectable noun to be uttered in polite company.
The Pew Internet & American Life Project recently published a research report looking at the Music Industry 10 years after Napster. It's a good read, especially if you broaden your interpretation to include all digital content.
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About Me
- Charlie Federman
- Since 1998, I have been a full-time venture capitalist, focused on funding young companies in the software and internet arenas that are led by entrepreneurs I believe in, and pursuing businesses that offer incredibly compelling value for customers in existing markets, or seek to participate in fundamentally new arenas. My activities are concentrated around the Metro NY area, with a touch of Israeli R&D thrown in for good measure. More information is available through www dot crossbar dot com. Prior to becoming a VC I was Chair of M&A boutique, Broadview.
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