Mike Isaac

Recent Posts by Mike Isaac

Payments Startup Clinkle Lays Off Nearly a Quarter of Its Staff

Clinkle, a secretive, much-hyped payments startup, plans to lay off somewhere in the neighborhood of 20 percent to 25 percent of its employees, or about 16 people, AllThingsD has learned. The move was led by former Netflix CFO Barry McCarthy — now Clinkle’s new COO — who wants to bring in more experienced staff. Fortune’s Dan Primack was the first to report the news.


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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