Liz Gannes

Recent Posts by Liz Gannes

Path Raises $8.65M From Kleiner, Index

Path, the personal media-sharing app, has raised $8.65 million from Kleiner Perkins Caufield & Byers, Index Ventures and Digital Garage Japan. The company said today it had facilitated the sharing of “over 2 million moments,” a.k.a. iPhone photos and short videos. Path is expanding ever so slightly to allow users to email pictures from within its iOS app, which makes sense since many people’s close friends and family don’t all have iPhones.

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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