Peter Kafka

Recent Posts by Peter Kafka

No, It's Not Instagram: Photo-Sharing App Picplz Raises $5 Million

Mixed Media Labs, the parent company behind photo-sharing app Picplz, has raised a $5 million Series A round led by Andreessen Horowitz. Up until now Picplz, which works on both Apple’s iPhone and Google’s Android platforms, has been best known as the new project from Dalton Caldwell, who ran music service Imeem until it collapsed a year ago. Next question: Who is investing in rival photo-sharing app Instagram? (Ahem. Besides Andreeseen’s firm, which invested in that start-up’s seed 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