Liz Gannes

Recent Posts by Liz Gannes

Yup, It’s an “Acqhire”: Facebook Gets Gowalla for Its People

Facebook confirmed today that it has hired some of the Gowalla team including its co-founders, but did not buy its technology, user data or product — which will be shut down at the end of January. News of the deal was broken Friday by CNN, which Gowalla CEO Josh Williams essentially confirmed in an email to investors that we published here. Gowalla had recently evolved into a local guide app.


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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