Peter Kafka

Recent Posts by Peter Kafka

Q&A Service ChaCha Raises $20 Million More

Q&A service ChaCha, which has already raised $52 million in funding, has added another $20 million. This round was led by Rho Ventures and VantagePoint, and sources familiar with the transaction insist that the money is for growth and not liquidity for early investors. ChaCha competes in a field chock-full of rivals, from Yahoo and Answers.com down to new entrants like Quora. The company last raised $7 million in an E round in December 2009; the company claims to reach 15 million unique users between its online and mobile platforms.


Latest Video

View all videos »

Search »

Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus