Peter Kafka

Recent Posts by Peter Kafka

Reddit Lands Facebook Vet Yishan Wong as CEO

Reddit has a new CEO. Former Facebook engineer Yishan Wong is joining the rapidly growing social news site, which owner Conde Nast is spinning out as a separate company — in part, so it could recruit people like Wong. “I’m not looking to step in and make ‘big, bold changes’ — I think reddit is great, and the team has a lot of good features already in the pipeline,” Wong wrote on a blog post announcing his move.


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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