Liz Gannes

Recent Posts by Liz Gannes

YBuy Gets $1M to Apply to Try-Before-You-Buy Gadget Service

YBuy, a subscription gadget service (see Tricia Duryee’s profile of the company), has raised $1 million in Series A funding led by Eric Schmidt’s TomorrowVentures. The start-up, which charges $24.95 per month, says it has 50,000 customers on its wait list.


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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