Summary: Download the MP3. If you think the ringtone business is for kids, then Fabrice Grinda has a $130 million lesson to teach you. After starting the eBays of Europe and Latin America, Fabrice brought the ringtone business concept to America by starting Zingy. We caught up with Fabrice, now 31 and a millionaire several times over, just a couple of hours before he finished his last day at the helm of Zingy. While his possessions were in boxes, he put all of his cards on the table by telling us his net worth at every stage of the game. He’s risked all of his resources in the past for his ventures, but will he do it again? Listen to hear his plans. Update (4/16/08): Fabrice announced on the Venture Voice blog that he's launched a new online classified business called OLX that's been dubbed a Facebook killer. OLX recently raised $13.5 million in venture funding. Show notes:
