Liz Gannes

Recent Posts by Liz Gannes

Klip Raises a Quick $8M for Social Mobile Video

A few companies are jumping wholeheartedly into mobile social video, in case people end up wanting a separate social network for their phone clips and a winner takes them all. To wit: Klip has now raised a relatively massive $8 million led by Benchmark Capital, only two months after it launched, and seven months after it was founded. That’s in part because founder Alain Rossmann is well-known for creating WAP and founding companies like Openwave.

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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