Liz Gannes

Recent Posts by Liz Gannes

Airtime Raises $25M, Brings in Early Hulu Team by Acquiring Their Start-Up, Erly

Airtime, the soon-to-launch video start-up from the co-founders of Napster, has raised $25 million in Series B funding led by Kleiner Perkins Caufield & Byers and including Andreessen Horowitz, Accel Partners, Google Ventures, and the Social + Capital Partnership, as first reported by TechCrunch and confirmed by the company. Airtime also acquired Erly, the young, KP-backed event-photo-sharing start-up created by the early Hulu product team.


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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