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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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