Peter Kafka

Recent Posts by Peter Kafka

Tumblr President John Maloney Leaves

John Maloney, who has steered day-to-day operations at Tumblr for nearly four years, is stepping down. The company hasn’t announced a replacement for Maloney’s president slot. Maloney had previously employed Tumblr CEO David Karp at Urban Baby. Last week, Karp announced that his company, which has yet to generate significant revenue, would start selling advertising.


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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