Liz Gannes

Recent Posts by Liz Gannes

Egnyte Gets $16M For “Hybrid Cloud”

Google Ventures led a $16 million Series C funding for enterprise file-sharing company Egnyte, joined by previous investors Kleiner Perkins Caufield & Byers and Polaris Ventures. Versus Dropbox and Box.net, Egnyte offers a “hybrid cloud” solution, where companies can use their existing infrastructure and firewalls in conjunction with cloud computing.


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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