Peter Kafka

Recent Posts by Peter Kafka

New Funding Round Puts Spotify Valuation at $3 Billion

Spotify has closed its latest funding round, which values the company at around $3 billion, according to a person familiar with the transaction. The Wall Street Journal had previously reported that Goldman Sachs would lead a group of investors putting $100 million into the streaming music company.


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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus