David B. Pakman

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David B. Pakman
David B. Pakman.jpg
Pakman in 2015
Born (1969-01-29) January 29, 1969 (age 56)
Education University of Pennsylvania
Occupation(s)Internet entrepreneur and venture capitalist
SpouseMeredith Yoder (m. 1999)

David B. Pakman (born January 29, 1969) is an American businessman and venture capitalist. He serves as managing partner at CoinFund. Pakman co-founded Apple Inc.'s Music Group and Myplay, Inc. He has held leadership roles at eMusic and Venrock. He has testified before U.S. government bodies on internet radio and copyright issues and has provided commentary on music streaming, cryptocurrency, non-fungible tokens (NFTs), and artificial intelligence in the music industry.

Contents

Education

Pakman graduated from the University of Pennsylvania's School of Engineering and Applied Science with a degree in Computer Science Engineering in 1991. [1]

Career

TechCrunch Disrupt NY 2016 (L-R) David Pakman, Charlie O'Donnell and Ajay Agarwal speak onstage TechCrunch Disrupt NY 2016 - Day 1 (26827150452).jpg
TechCrunch Disrupt NY 2016 (L–R) David Pakman, Charlie O'Donnell and Ajay Agarwal speak onstage

In 1991, Pakman joined Apple Inc.'s System Software Product Marketing group and later co-created Apple's Music Group. [2] [3] In 1995, he co-founded the Macintosh New York Music Festival, which became one of the earliest examples of webcasting music concerts. [4] [5] He co-produced the webcast of the 1997 Grammy Awards. [6] He was vice president at N2K Entertainment. [7]

He co-founded Myplay, Inc., in 1999 in Redwood City, California, which introduced the "digital music locker" and pioneered the locker category. [8] In 2000, he testified before the National Telecommunications and Information Administration and United States Copyright Office about the Digital Millennium Copyright Act. [9] [10] In 2001, Myplay was sold to Bertelsmann's ecommerce Group. [11]

In 2003, Pakman joined Dimensional Associates, a private equity firm focused on acquiring distressed digital media companies. The firm bought eMusic from Vivendi Universal and Pakman became the COO. In 2005, Pakman became the CEO. [12] [13] He defended the company's pricing to Reuters. [14] He resigned in 2008. [15] He then worked at Venrock, an American venture capital firm. [16] He invested in Dollar Shave Club. [17] In 2021, he became the managing partner at Coinfund. [16] [18]

On November 29, 2012, Pakman testified in front of the U. S. House Judiciary Committee Subcommittee on Intellectual Property, Competition and the Internet regarding the state of internet radio licensing. [19] He has provided commentary regarding the business of music streaming, [20] Cryptocurrency and venture capital, [21] and non-fungible tokens. [22] He has written about artificial intelligence and the music industry. [23] He lectured on digital distribution for artists at George Washington University in 2005. [24]

Personal life and volunteer work

He married Meredith Yoder in 1999. [25] Pakman has been a Trustee at St. Luke's School (Connecticut), a secular, college-preparatory day school in New Canaan, Connecticut. [26] Pakman has been involved with ITHAKA, a not-for-profit organization dedicated to helping the academic community take full advantage of rapidly advancing information and networking technologies. [27] In September 2012, Pakman joined Jazz at Lincoln Center's Digital Advisory Council. [28]

In May 2007, he delivered the Commencement Address at Penn Engineering's 251st Commencement. [29] He was a member of Penn Engineering's Board of Overseers from 2007 to 2010. [6]


References

  1. "Alumni Notes". The Pennsylvania Gazette. March 1, 1999. Retrieved October 8, 2025.
  2. Haggin, Patience (April 17, 2017). "Apple Music Co-Founder Pakman: Don't Bother With the Music Industry". Wall Street Journal. ISSN   0099-9660 . Retrieved October 8, 2025.
  3. Sydell, Laura (August 29, 2013). "Can Streaming Services Make Money?". NPR. Retrieved October 8, 2025.
  4. Strauss, Neil (July 17, 1995). "A New Rock Festival Opens, In New York and on Line". The New York Times.
  5. "How 1995's Macintosh NY Music Fest Livestreamed 25 Years Ahead Of Its Time". Pollstar. April 15, 2021. Retrieved October 19, 2025.
  6. 1 2 Mottola, Jennifer. "A New York VC Spotlight: David Pakman – AlleyWatch". AlleyWatch. Retrieved October 8, 2025.
  7. McCullough, Brian. "Venrock's David Pakman on Apple's Music Group, N2K, eMusic and Dollar Shave Club". Internet History Podcast. Retrieved October 8, 2025.
  8. Grams, Chris. "Five questions about the future of music with David Pakman | Opensource.com". opensource.com. Retrieved October 8, 2025.
  9. "Report to Congress: Study Examining 17 U.S.C. Sections 109 and 117 Pursuant to Section 104 of the Digital Millennium Copyright Act | National Telecommunications and Information Administration". Ntia.doc.gov. March 21, 2001. Retrieved June 17, 2019.
  10. "TESTIMONY BY DAVID PAKMAN, MYPLAY, INC" (PDF). November 29, 2000.
  11. Jim Hu and John Borland (May 29, 2001). "Bertelsmann to buy Myplay". CNET.
  12. "Industry Moves: eMusic CEO Pakman Departs; Joins Unnamed VC Firm - CBS News". www.cbsnews.com. September 29, 2008. Retrieved October 8, 2025.
  13. Flynn, Laurie. "A Music Download Site for Artists Less Known". NY Times.
  14. "Indie labels plan to pull out of digital service". Reuters. August 9, 2007. Retrieved October 8, 2025.
  15. "EMusic Chief David Pakman departs a believer". Los Angeles Times. September 30, 2008. Retrieved October 8, 2025.
  16. 1 2 Primack, Dan (September 22, 2021). "Venture capitalist David Pakman leaves Venrock for CoinFund". Axios. Retrieved October 8, 2025.
  17. Stern, Gary. "What drives this Venrock partner who invests in the Dollar Shave Club, AppNexus and more?". www.bizjournals.com. Retrieved October 8, 2025.
  18. Chittum, Morgan (September 22, 2021). "VC David Pakman Leaves Venrock for Blockchain Investment Firm CoinFund". Blockworks. Retrieved October 8, 2025.
  19. "Hearing on: "Music Licensing Part One: Legislation in the 112th Congress"". Archived from the original on November 29, 2012. Retrieved November 29, 2012.
  20. Lane, Charles (April 3, 2018). "Spotify Goes Public Valued At Nearly $30 Billion – But Its Future Isn't Guaranteed". NPR. Retrieved October 8, 2025.
  21. Sraders, Anne. "A crypto VC on why the space is ripe for 'insider rounds'". Fortune. Retrieved October 8, 2025.
  22. Loizos, Connie (February 27, 2021). "What the NFT? VC David Pakman dumbs down the intensifying digital collectibles frenzy". TechCrunch. Retrieved October 8, 2025.
  23. Pakman, David. "Here's how AI is going to change the music industry, according to one of the leaders of Apple's first foray into music". Fortune. Retrieved October 8, 2025.
  24. "Future of Music Policy Summit, George Washington University (September 11-13, 2005)". Department of Performing Arts. Retrieved October 8, 2025.
  25. "WEDDINGS; David Pakman, Meredith Yoder". New York Times. September 26, 1999.
  26. Parker-Burgard, Kate. "St. Luke's Leadership: Learning From Legends". blog.stlukesct.org. Retrieved October 8, 2025.
  27. Straumsheim, Carl. "Staying Relevant". Inside Higher Ed. Retrieved October 8, 2025.
  28. "About". Jazz at Lincoln Center. Archived from the original on April 7, 2014. Retrieved September 17, 2012.
  29. "04/24/07, 251st Commencement Events - Almanac, Vol. 53, No. 31". almanac.upenn.edu. Retrieved October 8, 2025.