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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Moore’s Law means that more and more things can be done practically for free, if only it weren’t for those people who want to be paid. People are the flies in Moore’s Law’s ointment. When machines get incredibly cheap to run, people seem correspondingly expensive.

— From Jaron Lanier’s new book, “Who Owns the Future?” excerpted on Wired.com