Peter Kafka

Recent Posts by Peter Kafka

Is Amazon Taking Out Diapers.com?

That’s what Fortune.com’s Dan Primack reports: He says Jeff Bezos will end a price war between the two companies by snapping up Diapers.com’s parent company Quidsi for $540 million. The New Jeresey-based company, whose investors include Accel and Bessemer, was reportedly valued at more than $300 million in its last funding round.


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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