STORY CLUSTER / 300083PERMALINK THIS CLUSTER Shawn Fanning Finally Gets A Real Payday: Electronic Arts Buys Rupture For $30 MillionShawn Fanning, best known for founding Napster, has a new job. He will be working at Electronic Arts, which has bought his social-network-gaming startup Rupture for $30 million, according to sources with knowledge of the deal. His co-founder Jon Baudanza will also join Electronic Arts. We first... TechCrunch | more posts | 61 days | Thu., May 8, '08 Shawn Fanning might never have to pitch Volkswagens again [Jackpot] Finally, Napster creator Shawn Fanning will make a little bank. After Napster went bankrupt and he sold Snocap to Imeem for not much at all, Fanning and cofounder Jon Baudanza have sold social network startup Rupture to Electronic Arts for $30 million. The best part: Fanning and Baudanza did it... Valleywag | more posts | 60 days | Fri., May 9, '08 EA Buying Shawn Fanning’s Rupture for $30 million (ERTS) Shawn Fanning's third startup didn't go the way of his first or his second. Electronic Arts is buying Rupture, a social network for online gamers, for $30 million, TechCrunch reports. That's a lot better than Napster, which was crushed under the weight of copyright infringement lawsuits, or SnoCap,... Silicon Alley Insider | more posts | 60 days | Fri., May 9, '08 Shawn Fanning negotiating to sell social gaming company Rupture for $30M Shawn Fanning, who gained fame after launching early music file sharing company Napster, is in advanced stages of talks to sell his most recent social gaming start-up, Rupture, for $30 million.
The buyer would be Electronic Arts, but unlike first reported by Techcrunch, the deal hasn’t gone... VentureBeat | more posts | 61 days | Thu., May 8, '08 Report: EA buys Shawn Fanning's Rupture for $30 million It seems that the founder of Napster--no, not Seth Green--may have finally cashed in big time on one of his creations.
According to TechCrunch, Napster founder Shawn Fanning has sold his gaming social-media startup, Rupture, to Electronic Arts for $30 million.
TechCrunch's Erick Schonfeld... Geek Gestalt | more posts | 61 days | Thu., May 8, '08 | |
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