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.


Latest Video

View all videos »

Search »

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