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(Parker was played by Justin Timberlake in The Social Network.) As a reward, Parker was made company president, but only briefly – he was fired early on after being arrested for cocaine possession, although never charged.Parker retained four per cent of the company's stock. Parker was 15 when he met Shawn Fanning via the computer hacking underground, and the pair would later start Napster in 1999.

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Parker has subsequently become an investor in Spotify.

His less inspired ideas include starting a Chatroulette clone and donating to a Political Action Committee created as a vehicle for the eccentric law professor Lawrence Lessig.

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Politico later described this as "money down the drain".