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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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