Peter Kafka

Recent Posts by Peter Kafka

Stitcher Raises $10 Million to Turn Your iPhone Into a Talk Radio Receiver

Stitcher, which helps mobile-phone users stream talk shows, news updates and podcasts to their iPhones, BlackBerrys, etc., has raised a $10 million C round led by New Enterprise Associates. Earlier investors Benchmark Capital, New Atlantic Ventures, and Ron Conway re-upped as well. Stitcher promises users it can help them get their content more quickly than downloading via intermediaries like iTunes; it tells advertisers it can aggregate large groups of listeners. It has raised $20 million to date.


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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