Peter Kafka

Recent Posts by Peter Kafka

Tumblr Counts Its Money–$30 Million of New Funding

Prompted by an SEC filing, Tumblr finally fesses up about its big funding round, which we noted a month ago. The final numbers: Sequoia, Spark and Union Square Ventures put in $30 million, for a post-money valuation of $155 million.


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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