Mike Isaac

Recent Posts by Mike Isaac

Mobli Banks $22 Million in Series B Round

Social photo-sharing app Mobli announced Wednesday that it had raised another $22 million in its series B round of funding, with the bulk of the money ($20 million) coming from a single investor: Kazakh multimillionaire Kenges Rakishev. Mobli has raised $28 million to date and will use the capital injection to continue in its quest for share in an increasingly crowded market with no dearth of photo-sharing applications.


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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