Peter Kafka

Recent Posts by Peter Kafka

Forbes Gets a New Boss: Softbank's Mike Perlis

After a very, very long search, Forbes Media has finally tapped a new leader: Softbank Capital’s Mike Perlis, who will become president and CEO of the business magazine and Web site. Perlis fills holes left by former Forbes.com publisher Jim Spanfeller, who left in 2009, and Forbes magazine publisher Jim Berrien, who left in 2008. The move also means that COO Tim Forbes will no longer run the company day-to-day. Curious what this means for Softbank, which has already seen partner Eric Hippeau head out to run Huffington Post in 2009? Nothing, says Perlis: “Business as usual”.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald