Here Chris details Unitus’ switch from being a non-profit firm to a for-profit firm. Much of the current interest in microfinance is generated by the fact that the discipline is now being viewed as a sustainable “business”, not just charity. Thus, large banks, venture firms, and serious entrepreneurs are starting to wake up to its
For many venture startups, getting funding is always a significant challenge as well as a strategic milestone (taking too much funding, or not enough). Amir had little difficulty gaining funding in the midst of the greatest boom market, and made what ultimately turned out to be the correct decision in the amount of funding received,
There are several very interesting aspects to keep in mind when considering Shopping.com. First, the comparative shopping marketplace was a low-barrier-to-entry marketplace to enter, leading to significant competition. Second, revenue generating strategies were difficult to figure out in the 1997-1999 timeframe. Online advertising as a revenue model had barely started to take off. Finally, once
Chris Brookfield is the Investment Director at Unitus Investment Management Company. He has been a venture capital and private equity investor his entire professional career. In 2004 he co-founded Open Water Investors. Chris has also been an Associate at Redleaf Venture Management, a Silicon Valley seed stage venture investor, and is familiar with pure play
Amir Ashkenazi is the founder of Adap.tv, as well as the former founder and CTO of Shopping.com. Adap.tv is in the midst of the Online Video Advertising fray, on which I have recently written quite a bit. In fact, Danny Cohen suggested this conversation after reading one of those pieces about one of Adap.tv’s competitors,
As more and more media moves to a digital format, the role of digital advertising firms will continue to increase. Firms which have hybrid experience, who truly understand brand management and are able to capitalize on online efficiency (buy more ad space for fewer dollars) are going to excel. AKQA will be an interesting firm
Robert Kost is the Co-Founder and Chief Executive Officer of Portaga. In the early 1980s, he worked as an analyst with the Office of Technology Assessment of the US Congress. He later joined Prodigy (IBM/Sears/CBS) in the mid-80s, securing patents that are today at the heart of Internet innovation, and writing the first online banking,
Continuing on our coverage of the Online Travel industry, I bring you Portaga, a small private company that is working on simplifying the challenges of booking and changing travel plans from within your calendar, desktop or mobile. Here, we speak with Portaga’s CEO Robert Kost. SM: Please describe your business value proposition and your product.