Peter Kafka

Recent Posts by Peter Kafka

Crowdsourced Video Ad Startup Tongal Raises $15 Million

Tongal, a startup that uses crowdsourcing to create video ads, has raised $15 million from Insight Venture Partners. The five-year-old company, whose clients include Lego, P&G and McDonalds, says it has distributed $3 million to contributors to date, and says revenue grew 400 percent last year.


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There’s a lot of attention and PR around Marissa, but their product lineup just kind of blows.

— Om Malik on Bloomberg TV, talking about Yahoo, the September issue of Vogue Magazine, and our overdependence on Google