Liz Gannes

Recent Posts by Liz Gannes

Founded Just 18 Months Ago, DraftKings Picks Up $24M for Fantasy Sports

DraftKings, where you can play fantasy sports for money on a daily basis (legally), has raised a $24 million Series B round led by Redpoint Ventures, with GGV Capital, Atlas Venture, and BDS Ventures, following a $7 million Series A round earlier this year. Founded just last year, DraftKings claims that 75 percent of people who signed up in 2012 were still active in 2013, driven by the continued promise of cash prizes.


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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