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May 14, 2002
Napster Body Blows

As if things weren't bad enough, greed kept the Senior Fanning from dealing with the fact that they had signed a financing with a liquidity preference to the venture capitalists. Both Konrad Hilbers and Shawn Fanning resigned today.

Karma. Also a poster child for the statement, "Sell early, sell often."

Posted by hoffmang | May 14, 2002 10:56 PM

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