Jason Del Rey

Recent Posts by Jason Del Rey

Warby Parker Is Seeing Green After New $60 Million Investment

Warby Parker, the eyewear startup that has built a cult following in a short time, has raised a new $60 million investment led by its biggest investor, Tiger Global Management, as was first reported by Fortune. Existing investors General Catalyst Partners, Spark Capital and First Round Capital also contributed to the Series C round, which brings Warby’s total funding to about $115 million.

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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