Peter Kafka

Recent Posts by Peter Kafka

Brooklyn Bridge Ventures Raises $3.5 Million

Charlie O’Donnell’s Brooklyn Bridge Ventures early-stage fund has raised its first $3.5 million, led by commitments from Two Sigma Ventures and Jeffrey Citron’s KEC holdings. O’Donnell hopes to raise up to $10 million for the fund, which he says is the first Brooklyn-based VC fund.

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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