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Jackpot
Shawn Fanning's company sold for $15 million, not $30 million

By Owen Thomas, 7:40 PM on Mon Aug 4 2008, 1,643 views (Edit, to draft, Top, Slurp)

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Napster founder Shawn Fanning never got a payday for his greatest creation. His latest, videogame social network Rupture, sold earlier this year — but for less than rumored. The actual price Electronic Arts paid, an SEC filing reveals, was $15 million, not $30 million. [Silicon Alley Insider]

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Read More: Jackpot, Shawn Fanning, Napster, Rupture, Electronic Arts, Videogames, Valleywag

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