Liz Gannes

Recent Posts by Liz Gannes

Upfront Ventures Is the New GRP Capital, With $200M More to Invest

GRP Capital is now Upfront Ventures, it announced today. (The longtime Los Angeles-based venture capital firm was originally “Global Retail Partners.”) Upfront — whose recent investments include Maker Studios, DataSift and ZestFinance — is also moving to Santa Monica, and has raised a new $200 million fund.


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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