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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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald