Billionaire internet investor Sean Parker took the stage in Paris at LeWeb with a simple message for his audience: There are “too many venture capitalists in the world and not enough entrepreneurs”. Parker has a CV that would blow the mind of most people. He was co-founder of that great music industry disrupter Napster, and more recently an investor in Facebook and Spotify, among many other things.
But don’t call Parker an “investor”, he finds the term a bit insulting. He still sees himself primarily as an entrepreneur: “I don’t just invest in a company, I take an operating role.”
Parker is a General Partner at Founders Fund, a fund he formed with other leading internet figures in 2005. The firm recently just raised US$625-million and has invested in the likes of Spotify, Facebook and Gowalla.
To read the full, original article click on this link: Too many VCs, not enough good entrepreneurs: Sean Parker | memeburn
