Peter Kafka

Recent Posts by Peter Kafka

Video Processor Elemental Technologies Raises $13 Million

Elemental Technologies, a six-year-old start-up that helps companies process and manage Web video, has raised a $13 million C round led by Norwest Venture Partners. Earlier investors General Catalyst, Voyager Capital and Steamboat Ventures, who had put $14.5 million into the company, re-upped. Elemental’s clients include Disney, Comcast and Time Warner’s HBO.


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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