Peter Kafka

Recent Posts by Peter Kafka

Groupon Buys Local Database-Maker Hyperpublic

Groupon has acquired Hyperpublic, a New York-based start-up that provides location-based information developers can use to build their own applications. Hyperpublic, which raised a $1.15 million seed round in 2010, announced the deal on its own site, but didn’t disclose a purchase price. CEO Jordan Cooper says some of the company’s 10 employees will move on to Groupon, and that he’ll work for the daily deals company in some capacity. But he says he’ll also continue on at his other job, as a general partner at Lerer Ventures.

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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