Arik Hesseldahl

Recent Posts by Arik Hesseldahl

Cvent Lands Huge $136 Million Funding Round

Cvent, a company that specializes in online event management tools, said today it has secured a funding round worth $136 million, led by New Enterprise Associates and Insight Venture Partners with Greenspring Associates participating. The company, based in McLean, Va., says it plans to hire 200 people during the next year. Its customers include Coca-Cola, Procter & Gamble and Wells Fargo.


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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