Peter Kafka

Recent Posts by Peter Kafka

BuzzFeed’s Investors Are Back for $19 Million More

BuzzFeed, the fast-growing, Facebook-friendly Web publisher, has raised another $19.3 million. The deal comes a year after the company rounded up $15.5 million in funding, and involves the same set of investors, including New Enterprise Associates, Lerer Ventures, Hearst Media, Softbank and RRE. BuzzFeed has raised more than $46 million since 2008, and says the money will go into international expansion, among other plans.


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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