Peter Kafka

Recent Posts by Peter Kafka

Textbook Renter Chegg Raises $25 Million

Chegg, the on- and off-line textbook rental service, has raised $25 million in an inside round. A PR rep for the company says the money will be used for the “growth of the business and is lead by existing investors.” Chegg says insiders aren’t selling shares in conjunction with the raise.


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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