VC Adventure

APRIL 11, 2011

For about the past year my partners have been pushing me to write up some thoughts on AdTech investing. We’re particularly sensitive to customer concentration issues related to margin – aggregating demand from a small number of sources, for example, which may lead to significant margin pressure. And for a while that worked pretty well.

Disintermediation 82

Disintermediation Advertising Portfolio Aggregator 82

VC Adventure

APRIL 11, 2011

For about the past year my partners have been pushing me to write up some thoughts on AdTech investing. We’re particularly sensitive to customer concentration issues related to margin – aggregating demand from a small number of sources, for example, which may lead to significant margin pressure. Margin Dynamics. Performance.

Disintermediation 48

Disintermediation Advertising Portfolio Aggregator 48

Agile VC

JUNE 12, 2012

They are fully fungible for hard currency through Safaricom’s network of retail partners for either the sender or recipient of an M-Pesa mobile payment. If massively succesful, Isis might disintermediate the companies that manufacturer plastic payment cards and perhaps the companies that make mag stripe hardware (e.g.

Mobile 250

Mobile Disintermediation SMS Government 250