Peter Kafka

Recent Posts by Peter Kafka

Jim Wiatt, AOL's Hollywood Connection, Leaves Board, Becomes "Strategic Director"

Odd one: AOL (AOL) board member Jim Wiatt is stepping down from that role, but will get a new one as a “strategic advisor,” the company announced. AOL says Wiatt, the former head of the William Morris agency, will report directly to CEO Tim Armstrong, “helping to expand AOL’s development of content, partnerships and relationships across the entertainment and media world.” If this sounds familiar, it should: Google’s (GOOG) Eric Schmidt was discussing a similar role for Wiatt in 2009.


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The hackers and engineers of Y Combinator are doing what hackers and engineers do to any industry, they’re efficiently and ruthlessly disrupting the traditional model of venture capital and are going to destroy far more more wealth for their contemporaries than they create for themselves, as broadband did to entertainment, Craigslist did to newspapers, and Amazon did to traditional retailers.

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