Liz Gannes

Recent Posts by Liz Gannes

Stealthy SnapGuide Raises $2M

Former Yahoo Daniel Raffel and former Googler Steve Krulewitz today closed a little over $2 million in funding for their stealth mobile service SnapGuide, said Raffel.

The San Francisco-based company’s backers are Index Ventures, Atlas Ventures, Michael Arrington, Dave Morin, Gary Clayton and SV Angel.

While Raffel said he would prefer not to talk about what SnapGuide does yet, its landing page says the company is about “show and tell made mobile.”

Raffel and Krulewitz have hired two engineers and say they’ll release the first version of their app after they fill it out a bit and hire a designer to make it look better.

Raffel did two stints at Yahoo, most recently working on social integrations, while Krulewitz had helped develop Chrome products at Google. The two previously worked on the music player Songbird together.

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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