Liz Gannes

Recent Posts by Liz Gannes

Israeli Publisher Tools Vendor Conduit Valued at $1.3 Billion

Conduit, the Israeli provider of toolbars and other “engagement” products for publishers, got a big number attached to its name today: A valuation of $1.3 billion. As had been rumored (but for double the price), early Conduit investor Yozma Venture Capital sold off its stake. J.P. Morgan’s Digital Growth Fund bought 7 percent of the company for $100 million, with Conduit’s founders maintaining their controlling stake.


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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik