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Disclaimer: we have three portfolio companies in the consumer mobile space, still in stealth). First it was Fortnite and Epic, now it’s Facebook and soon other players will team up to reduce the revenue share with app stores. This may also trickle down to Google and Amazon. The Information and VentureBeat have more on this.
Mari is now building a new venture in human-machine interaction within the Samsung accelerator, currently in stealth mode. Her work included heading Nokia’s location-based services business and app portfolio for emerging markets, which she built from a back-of-a-napkin idea to a 100-person organization with over 10 million users.
This company will remain in stealth mode for at least a little while and it isn’t my place to divulge their plans, but we’re very excited about the founding team, market opportunity, and syndicate we will be part of. But we will undoubtedly continue to add more hardware related businesses to our portfolio.
This company will remain in stealth mode for at least a little while and it isn’t my place to divulge their plans, but we’re very excited about the founding team, market opportunity, and syndicate we will be part of. But we will undoubtedly continue to add more hardware related businesses to our portfolio.
Depending on how stealthy you plan to be (and there are pros and cons for being in stealth mode ), it’s good to have a public record of the company by generating some press. Across the NextView portfolio and in discussing this topic more broadly, we’ve found that funding announcements are rarely good customer acquisition channels.
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