Peter Kafka

Recent Posts by Peter Kafka

eBay Buys Hunch

EBay has purchased Hunch, a recommendations engine that’s supposed to figure out what users like, based on their tastes and affinities.

Michael Arrington, who broke the news this morning, pegs the purchase price at “somewhere around $80 million.”

Hunch, led by high-profile CEO Chris Dixon and, for a time, Flickr co-founder Caterina Fake, had raised around $20 million from investors including Khosla Ventures and Bessemer Venture Partners; last year, the company had reportedly mulled a Google deal for around $60 million. The purchase is one in a string of start-up acquisitions for eBay.

Here’s a 2010 interview with Dixon and Fake, conducted by Kara Swisher:


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald