An Interest In:
Web News this Week
- April 23, 2024
- April 22, 2024
- April 21, 2024
- April 20, 2024
- April 19, 2024
- April 18, 2024
- April 17, 2024
June 29, 2013 11:50 pm GMT
Original Link: http://feeds.mashable.com/~r/Mashable/~3/09r5bRmzZ5I/
The Rise Of E-Smoke
Puff, puff, pass the e-cigarette. To the tune of about $2 billion in retails sales this year. That's a lot of smokeless vapor for an industry that only a few years ago looked like a fad. Now with substantial consumer adoption and brands and techies on the bandwagon, e-smoke might be the next big thing to blow.
Napster cofounder Sean Parker is part of a group that invested $75 million in NJOY, an electronic cigarette manufacturer. Also part of that deal is Founders Fund, a venture capital group started by PayPal cofounder Peter Thiel, who ironically helped finance the anti-tobacco film "Thank You for Smoking."
More about E Commerce, , , , andOriginal Link: http://feeds.mashable.com/~r/Mashable/~3/09r5bRmzZ5I/
Share this article:
Tweet
View Full Article
Mashable
Mashable is the top source for news in social and digital media, technology and web culture.More About this Source Visit Mashable