Jason Del Rey

Recent Posts by Jason Del Rey

Redfin Raises $50 Million Investment as It Eyes IPO

Redfin, the Seattle-based company that has positioned itself as a tech-enhanced real estate brokerage, has raised a $50 million investment led by Tiger Global Management. CEO Glenn Kelman said in an interview that the company is profitable, will do between $50 million and $100 million in revenue this year, and is on a path toward an IPO.


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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