Peter Kafka

Recent Posts by Peter Kafka

Social Shopping Engine The Fancy Raises $10 Million From French Fashion Giant PPR

The Fancy, one of a slew of start-ups trying to marry shopping with social … stuff, has found a deep-pocketed fan. French fashion conglomerate PPR — the people behind brands like Gucci and Alexander McQueen — is pouring $10 million into the start-up, reports Betabeat. Here’s a reminder, from a year ago, about what founder Joe Einhorn is trying to do.


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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