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Napster Said It Raised $3 Billion From A Mystery Investor. Now That Investor Is Gone
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Napster Said It Raised $3 Billion From A Mystery Investor. Now That Investor Is Gone

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1 min read
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Forbes

Forbes raised questions about a massive funding round metaverse-turned-AI firm Napster supposedly raised in January. The money is never coming, the company said Thursday.

On November 20, at approximately 4 p.m. Eastern time, Napster held an online meeting for its shareholders; an estimated 700 of roughly 1,500 including employees, former employees and individual investors tuned in. That’s when its CEO John Acunto told... [9561 chars]

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Source: Forbes

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