Silicon Valley’s bad boy Sean Parker is back in the start-up game. The 28-year-old, who in the past has been associated with fast growing Internet phenomena such as Napster, Plaxo and Facebook, is working on an ultra stealthy start-up that is going to be tackling the “activism” space.
We picked up this rumor over the weekend while chatting with some Silicon Valley insiders. We admit we are short on details, but are digging hard for more information, and will be updating the post as we find out more information. The company hasn’t decided on a name just yet, and will launch later this summer, our sources say.
Parker was a co-founder at Napster and then at Plaxo, and later founding president at Facebook. He left the college-focused social network in 2005, and recently joined San Francisco-based The Founders Fund, a venture capital fund started by Peter Thiel, who in past life had co-founded PayPal.
Though he is still a managing partner at Founders Fund, Parker is currently rumored to be devoting all his energies on this new company. Parker is a colorful fella, often subject of speculative gossip in Silicon Valley. Why else would we be talking about him on the weekend, right? Regardless, there is no denying that he has a knack for smelling opportunity, especially when it comes to the consumer Internet.
He often finds viral-growth business opportunities – a trait three of his more known endeavors share. If he has figured out a similar opportunity in the “activism” space, then it might turn out to be a worthy cause.