Matt Zhang’s Post

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Founder and Managing Partner at Hivemind

Napster Group acquired by Hivemind and Algorand. Dear friends, we are excited to share that we've taken Napster Group private, and to bring the iconic music brand to web3. Volatile market and uncertain times often bring exciting opportunities. At Hivemind, we believe in developing thesis and building enduring value. Music x Web3 is one of the most exciting spaces we've come across, and we are thrilled to work with Emmy Lovell and many talents to unlock value for the entire ecosystem and revolutionize how artists and fans enjoy music. Stay tuned for more updates... Join our project: napster@hivemindcapital.co Visit our website: http://hivemindcapital.co #music #web3 #crypto

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18,957 followers

Hivemind and Algorand today announced the acquisition of Napster, to once again revolutionize the music industry by bringing blockchain and Web3 to artists and fans. The investor consortium also includes ATC Management, BH Digital, G20 Ventures and others. Music industry veteran Emmy Lovell has been named interim CEO. Stay tuned for further details.   Follow us for the latest updates: Linkedin: https://lnkd.in/e-sMA3gy Twitter: https://lnkd.in/etPQD4AK Facebook: https://lnkd.in/eHrrZQNp Instagram: https://lnkd.in/eW6bE-JZ

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Andrii Nesteruk, CFA

Head Of Strategy at Finteum

2y

Have you acquired the whole Napster including what used to be MelodyVR? Are you planning on developing the VR part of the business? Napster used to have lots of shareholders before delisting. Are they still in?

Ryan Gill

Blueprints for the Open Metaverse

2y

Someone finally did it, this deal has been everywhere the past decade

Paul Christopher Beckett

Hydra, Watcher, Thinker, Researcher, Analyser, Devout Synthesist, Bad Robot, Genius, Idiot,

10mo

Will my Napster Group PLC stock be worth anything under your control?

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Author Adidas Wilson

What we do in life echoes in eternity.

2y

Love it ! I’m invested in Algorand and I have music on Napster !

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Eva Wang

Chief Growth Officer @ Firework

2y

Can't wait to see what's next! Music x Web3 🎸

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Emre Tezel

Director, Investment Management at 400 Capital

2y

I remember first downloading Napster in college in 1999, great brand, best of luck!

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Todd Anderson

Tax Partner/18,000+Fixed Income Followers/Deal Maker

2y

Interesting transaction, Matt.

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Dequency is excited to build a truly revolutionary music ecosystem with you!

Alex Wictor

Amazon Web Services | ☁️ Building Solutions with Enterprise Organizations

2y

Congrats Matt, I’m impressed!

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