SecondShares is blog I started to write bring Wall Street style analysis the the pivate companies like Facebook driving the social media revolution. Now as a VC I post various news stories of interest. I can be reached at email@example.com
I’m now a VC at The Social Internet Fund. It was on SecondShares.com that I published my report on Facebook which predicted that the value of Facebook (then $16 billion) would rise to $100 billion over the following four years. The report went viral, leading to my return to Wall Street as the Founder and Managing Director of the Private Shares Group at Wedbush Securities.
From 2007-2009, Lou founded and ran WildSites, a domain name aggregator, that acquired more than 30,000 domain names, including CreditCheck.com for $3 million, which remains the 11th most expensive public market acquisition in industry history. WildSites continues to monetize its portfolio of unsold domain names, generating significant returns for its investors.
From 2003-2006 Mr. Kerner was President of Bolt.com, a leading social network which grew from 500,000 monthly uniques to over 20 million uniques in three years. At Bolt, Lou acquired eight smaller youth sites, but his attempt to acquire the small but rapidly growing, Thefacebook, was rebuffed.
Prior to Bolt, Mr. Kerner was the CEO of The .tv Corporation, an idealab! company which licensed the top level domain (.tv) from the tiny island nation of Tuvalu. From 2000-2002, .tv grew to over 100 employees in Los Angeles, London and Hong Kong, and over $20 million in annual revenue, before being acquired by Verisign (Nasdaq:VRSN).
Prior to .tv, Lou had a distinguished career as an equity analyst following media companies for Goldman Sachs and Merrill Lynch.
Mr. Kerner has a B.A. from U.C.L.A. and an MBA from The Stanford Graduate School of Business.