Your Tech Story

Sean Parker : The Co-founder of Napster

In the advancement of the tech world, the college dropouts have made their different place with their vision and intelligence. Whether it’s the founder of Apple, Steve Jobs, Michael Dell from Dell Technologies or Microsoft’s Bill Gates, they have proven that one’s intelligence and talent cannot be judged with a mere degree. Sean Parker an American entrepreneur and philanthropist have also followed their lead and have discarded the worth of a physical degree by his knowledge.

Early Life

Sean Parker was born on 3 December 1979, to Bruce Parker and Diane Parker in Herndon, Virginia. His father was a U.S. government oceanographer and mother was a TV advertising broker. As a kid, Sean was an avid reader and started learning computer programming from his father on an Atari 800 at an early age of 7. The exposure to programming grew his interest in hacking and at the age of 15, he hacked into the network of a Fortune 500 company. His IP address got tracked by FBI and as a result, being an under-age, he was sentenced to community service.

Sean Parker
Image Source: wikimedia.org

Parker did his High School from Fairfax County, Virginia and Chantilly High School. During his school, he used to spend most of his time in the computer labs learning new programming skills. During his final year of high school, he got an internship at Zynga, Pincus’s Washington D.C. and later, got employed at CIA, while he was still a teen. Until the completion of his school, he was earning enough to be able to decide to become an entrepreneur.

Career

During his teenage, Parker met his future partner Shawn Fanning, and the two bonded with each other by their common interest- Hacking. After a few years, the two launched their startup as a free music file-sharing service Napster. At the time Parker was just 19 and he invested $50000 in their startup. Within the first year of its launch, Napster got millions of users, along with a few lawsuits by recording companies like Recording Industry Association of America. Even with the fastest growth of the company it got shut down in only two years.

In 2002, Sean founded Plaxo, a social networking tool that later got integrated into Microsoft Outlook. Plaxo also became viral in a short span of time, but this time Parker was driven out of his position in Plaxo by its investor over some argument.

Later, in 2004, Parker became familiar with a networking website The Facebook and managed to meet Mark Zuckerberg. After a few months of this meeting, he was appointed as the president of the 5-months old company. Sean played a pivotal role in creating the clean interface and the picture sharing features in Facebook. In 2005, he was arrested from a private party as the police founded cocaine in his rented house. After a few days, he was released from all the allegations, but, this brought a bad impact on the other investors and he had to resign from his post. Even after the resignation and the controversy, he has always been in touch with Mark Zuckerberg unofficially.

Being a music lover and after a bad experience with Napster, he got to know about Spotify and invested the US $15 million in it. Now he is serving as one of the board members of Spotify.

After investing in Spotify, he started a few new ventures like Airtime.com, Brigade and invested in other startups like Willcall, Quantcast, Path, and Knewton with its venture capital The Founders Fund based in San Francisco founded by Peter Thiel.

Donations and Charity

Sean Parker is associated with cancer research donations since 2005 and has created Parker Institute for Cancer Immunotherapy, in April 2016, with a grant of $250 million. He has donated $24 million to create the Sean N. Parker Center for Allergy Research at Stanford and $5 million grant to Stand Up to Cancer and the Cancer Research Institute. His foundation focuses on three areas: Life Sciences, Global Public Health and Civic Engagement.

Parker has got an interest in the politics and has also funded both sides of US political parties and spoke in favour of rich people paying higher texas. He has also been a part of many political campaigns and has supported them financially.

Personal Life

Sean got engaged to Alexandra Lenas, a singer-songwriter and the two got married in 2013. Their wedding was based on lord of rings theme and created news as it cost more than $10 million. The two have a daughter named Winter Victoria Parker and a son named Zephyr Emerson Parker.

He was featured on the cover of the Forbes 400 issue in 2011 and was ranked number 722 in the Forbe’s list of the world’s billionaires in 2016.