Peter Kafka

Recent Posts by Peter Kafka

Rocket Fuel Bumps Price for Ad Tech IPO

Ad tech startup Rocket Fuel, which expects to start trading on the Nasdaq on Friday, has bumped up the price of its coming IPO. The company now plans to sell four million shares at a range of $27 to $29; last week, it had pegged its range at $24 to $27.


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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