Liz Gannes

Recent Posts by Liz Gannes

Ridejoy Collects $1.3M for Matchmaking Road-Trippers

A good way to raise start-up funding these days seems to be saying you do “collaborative consumption.” (It’s about helping people share underutilized resources; probably the best-known example is Airbnb.) The latest such deal is San Francisco-based Ridejoy‘s seed round of $1.3 million from Freestyle Capital, Lerer Ventures, SV Angel and others. Ridejoy matches drivers and passengers — who are screened using their Facebook profiles — for trips of at least 50 miles on the West Coast of the U.S. A direct competitor is Zimride.

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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