Peter Kafka

Recent Posts by Peter Kafka

Fashion News and Shopping Site Refinery29 Raises $20 Million

Refinery29, one of the most prominent Web properties pursuing the “content + commerce” meme, has raised a $20 million C round funded by Stripes Group. The fashion news/shopping company, which has raised more than $30 million since 2005, says it will use the money to push into new categories, including beauty and entertainment, and will also invest in technology. Refinery29 says it has a global audience of 11 million people.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald