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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The center of gravity at the university appears to have shifted. The school now looks like a giant tech incubator with a football team.

— Nicholas Thompson, in a New Yorker article entitled, “The End of Stanford?”