Kosmix Founders Depart @WalmartLabs a Year After Acquisition

It has been about a year since Walmart acquired Silicon Valley-based Kosmix to create a technology hub for the retailer’s e-commerce business. Now Kosmix’s founders, Venky Harinarayan and Anand Rajaraman, say they are leaving @WalmartLabs to take some time off. The @WalmartLabs team, as it has been dubbed, will now report to Jeremy King, CTO of Walmart’s e-commerce business.


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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