Peter Kafka

Recent Posts by Peter Kafka

Mobile Marketer Augme Buys Bar Code Start-Up Jagtag

Mobile marketing company Augme Technologies has bought Jagtag, a start-up that specializes in bar codes and “QR codes.” That’s the technology that creates little pieces of visual shorthand phone users can photograph and send to a marketer in exchange for content; it’s an idea that some, but not all, mobile ad folks have been interested in for years. Augme bought Jagtag for $5.5 million, almost all of which came from Augme stock, which trades on the OTC Bulletin Board. Jagtag had previously raised $3.6 million.


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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