Peter Kafka

Recent Posts by Peter Kafka

First Round Capital Forces Its Start-Ups to Sing for Their Supper (and Your Holiday Card)

Some of you really enjoyed last year’s edition of the First Round Capital holiday card, which featured the VC firm’s portfolio companies “dancing” a la 2008′s “Where the Hell is Matt?” viral video.

Alas, I don’t think this year’s version is nearly as entertaining. But Susan Boyle fans, who include at least one of my bosses, may get a kick out of it.

Also, people who like watching Web darlings like Xobni, Mint and Get Satisfaction try to warble along. By the way, anyone want to tell us what “stealth” company Swipely is up to? Looks credit cardy.

First Round Capital 2009 Holiday Card from First Round Capital on Vimeo.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work