Peter Kafka

Recent Posts by Peter Kafka

“Netflix for Dresses” Rent the Runway Raises $4.4 Million

Rent the Runway, a startup that lets customers rent dresses, has raised $4.4 million from American Express and Novel TMT Ventures. The funding is an add-on to a $20 million round the company closed last year. Rent the Runway has raised close to $55 million since 2009.


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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