Liz Gannes

Recent Posts by Liz Gannes

Video Calling Start-Up Tango Gets $40M More

Eighteen months after it launched, Tango, the start-up competitor to Skype and Apple FaceTime, now has 45 million total users, with more than 10 percent of them active on a daily basis. Tango has been even more successful at attracting dollars; it just closed a Series C round from investors including Qualcomm Ventures and Access Industries, bringing the company to nearly $100 million raised.

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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