Investments
May 20, 2003
Piracy-Fighting Record Biz Targets Venture Capitalists
The record industry already has taken aim at several targets in its fight against online music piracy. Now it has a new target: venture capitalists.
Hummer Winblad Venture Partners in 2000 poured $13 million into the Napster online file-swapping service in return for an ownership stake in Napster Inc. and control o...