Peter Kafka

Recent Posts by Peter Kafka

Canadian Investors Bet $20 Million on Hootsuite

Investors are putting $20 million into Hootsuite, the social media management platform. Canadian fund OMERS Ventures has acquired the stake in the four-year-old company via secondary purchases from employees and earlier investors. Hootsuite, which lets marketers track and manage their presence on social platforms like Twitter, Facebook and Google+, says it has “nearly four million” users; it has previously raised $4.9 million in debt and equity.


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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus