Liz Gannes

Recent Posts by Liz Gannes

YPlan Raises $12M for Last-Minute VIP Tickets App

The “spontaneous going out app” YPlan has raised an awful lot of money based on some early traction in London. Invested in a $12 million Series A fund are General Catalyst Partners, Wellington Partners, Octopus Investments, A-Grade, SLOW Ventures Fund and Shakil Khan. The company’s app, which helps secure tickets to sold-out events, has been downloaded 200,000 times, which it estimates amounts to 10 percent of iPhones in London. It will launch in New York next.


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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