At Web 2.0 Summit in San Francisco, Sean Parker, venture capitalist and co-founder of Facebook and Napster and Spotify investor, sat down to talk about his take on the future of the music industry. "I'm not actually sure why you would sign with a record label," quipped Parker. On Spotify, Parker says its "an attempt to finish what I started at Napster".  WATCH THE VIDEO:

    Most of the music discussion happens from 9-18 minutes, then the discussion turns to what's wrong with Facebook and the glut of information.