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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Nobody was excited about paying top dollar for a movie about WikiLeaks. A film about the origins of Pets.com would have done better.

— Gitesh Pandya of BoxOfficeGuru.com comments on the dreadful opening weekend box office numbers for “The Fifth Estate.”