VC Adventure

APRIL 11, 2011

“We’re not AdTech investors,&# I’d push back, “we just have a bunch of companies in the portfolio that are working in and around online advertising.&# While this is about 20% of our active portfolio, we’ve never considered AdTech a theme. And for a while that worked pretty well. They are: Scale. Margin Dynamics.

Disintermediation 82

Disintermediation Advertising Portfolio Aggregator 82

VC Adventure

APRIL 11, 2011

“We’re not AdTech investors,” I’d push back, “we just have a bunch of companies in the portfolio that are working in and around online advertising.” While this is about 20% of our active portfolio, we’ve never considered AdTech a theme. ” And for a while that worked pretty well.

Disintermediation 48

Disintermediation Advertising Portfolio Aggregator 48

Rob Go

JANUARY 21, 2016

Our consumer portfolio has largely been focused around convenience. Either you need some structural cost advantage that others can’t match, or you need to be generating revenue in a very different way that subsidizes your lower product margins. What About Cheaper?

Disintermediation 28

Disintermediation Distribution Demand Flash 28

thebarefootvc

OCTOBER 25, 2015

Twenty years from now, we will see disintermediation of banks, and millenials will no longer recognize the current banking system as they will receive financial services from a number of new entrants in the technology sector. employ 60K people in 11 countries. employ 60K people in 11 countries.

Disintermediation 58

Disintermediation United States Nigeria Kenya 58

thebarefootvc

OCTOBER 25, 2015

Twenty years from now, we will see disintermediation of banks, and millenials will no longer recognize the current banking system as they will receive financial services from a number of new entrants in the technology sector. employ 60K people in 11 countries. employ 60K people in 11 countries.

Disintermediation 40

Disintermediation United States Nigeria Kenya 40