Liz Gannes

Recent Posts by Liz Gannes

Redpoint Ventures Raises Another $400M Fund

Redpoint Ventures said today that it has closed a $400 million venture capital fund to invest in early stage startups, a direct parallel to the fund of the same amount it raised three years ago. Some of the Sand Hill Road firm’s recent investments include Path, Electric Imp, Pure Storage, Zendesk, Stripe, Sonos and Kabam.


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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