Mike Isaac

Recent Posts by Mike Isaac

Social Gifting Startup Wrapp Raises $15 Million

Wrapp, the mobile app that allows users to send and receive digital gift cards via their smartphones, announced on Thursday it had raised $15 million in its Series B venture round. Participation in the round included existing contributors Greylock Partners, Atomico and Creandum, as well as new investors American Express, Qualcomm Ventures and SEB Private Equity. Wrapp CEO Hjalmar Winbladh told AllThingsD that the company plans to use the new funds to continue expansion, including staffing up its San Francisco office.


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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