Kara Swisher

Recent Posts by Kara Swisher

Video: Om Talks About $6 Million Giga-Funding

Yesterday, I slogged through the rain to the downtown San Francisco HQ of the GigaOM Network to visit with tech blogging pioneer Om Malik.

He just got $6 million more in funding, bringing the total for the tech news and research company to $15 million. Reed Elsevier Ventures is the newest investor, along with current ones, Alloy Ventures and True Ventures.

Malik, who founded GigaOM five years ago, is also a partner at True. He said he still owns a substantial stake in GigaOM after the funding, which apparently valued his company at $40 million.

GigaOM–which is better known for its popular tech news and analysis blog–will use the money to turbocharge its premium subscription service, called GigaOM Pro. That service charges $199 a year for deep-dive reports in areas including mobile, clean tech and cloud computing.

Here’s my video chitchat with Malik:


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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