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In his youth on Tatooine, Greedo was noted for his temper. He accused Anakin of cheating in the Boonta Eve Classic podrace, resulting in a scuffle that Qui-Gon Jinn had to break up. His friend Wald warned him that if he continued his violent ways, he would eventually come to a bad end.
He seemed to take this lesson to heart, since as an adult, Greedo began to look upon the traditional Rodian hunts as foolishness, and, despite his feared reputation, Greedo refused to join in the gladiatorial combat that his people engaged in.
Wald's prediction did come true however, and after a successful career as a bounty hunter, hunting criminals and outlaws, Greedo the Elder came to a violent end when his son was young, dying in the purges of Navik the Red.
Greedo's son (also named Greedo) was raised off Tatooine by his mother Neela and his uncle Nok. Greedo the Younger sought to emulate his father by claiming the bounty on Han Solo, but died as violently as the first Greedo had.