Mike Isaac

Recent Posts by Mike Isaac

Mobile App Platform BiNu Raises $4.3 Million

BiNu, the mobile app platform that brings Web-based apps and social functions to low-cost feature phones, announced Wednesday that the company raised $4.3 million in venture capital. Joining the series A round were investments from 500 Startups and PanAfrican Investment Co., among others, following previous participation from Eric Schmidt’s TomorrowVentures and the Savannah Fund. The company is currently focused on developing its business in emerging markets such as East Africa, South America, parts of Asia and other areas in which citizens access the Internet primarily through a low-end mobile device.


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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