Rewarder Closes $7 Million Round to Build a Social Marketplace

San Francisco-based Rewarder, which is building an online marketplace where people hire each other for their knowledge, has raised $7 million in capital. The company’s first round was led by Granite Ventures and Radar Partners, with other angels participating, including Ron Conway, David Lee, and Kenny Lerer. While in private beta, more than 100,000 people used the platform for a variety of activities, like paying someone to build a travel itinerary, or posting a reward for anyone who can find a rare pair of shoes.


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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