Peter Kafka

Recent Posts by Peter Kafka

Another $85 Million for Tumblr

Tumblr, the booming blogging platform that has yet to spend much time generating revenue, now has even more time before it has to get down to business. The four-year-old company has raised an $85 million round led by Greylock Partners and Insight Venture Partners, along with new money from Peter Chernin and Richard Branson. Earlier investors Spark Capital, Union Square Ventures and Sequoia Capital re-upped as well.


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Nobody was excited about paying top dollar for a movie about WikiLeaks. A film about the origins of Pets.com would have done better.

— Gitesh Pandya of BoxOfficeGuru.com comments on the dreadful opening weekend box office numbers for “The Fifth Estate.”