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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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