Lauren Goode

Recent Posts by Lauren Goode

Paper App Draws $15 Million in Funding From Andreessen Horowitz, Jack Dorsey

FiftyThree, the New York-based company behind the popular iPad sketching app Paper, has raised $15 million in a Series A funding round led by Chris Dixon of Andreessen Horowitz. Other investors include Shana Fisher of High Line Venture Partners, Josh Kushner’s Thrive Capital, Ron Conway and Jack Dorsey. FiftyThree is comprised of ex-Microsoft designers and engineers who created Paper to enhance productivity on the iPad. The app is free to download, and includes in-app purchases for utility tool kits. The company plans to hire talent and expand the collaborative features of the app with the fresh funding.


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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus