Karmaloop Hires Robert Price as CFO of Urban Apparel Site

Boston-based Karmaloop, an e-commerce site that claims to be fighting the evil forces of McFashion with original clothing, has hired a numbers guy. Robert Price will be joining as CFO, having come most recently from Yapstone, a payment processor serving the vacation rental market. Prior to Yapstone, Price was CFO at TheLadders.com and Buy.com.

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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