A panel that followed Messer trumpeted New York as a place for startups to grow—with some caveats. “I don’t think there is going to be a ‘next Silicon Valley,’ but New York can be a tremendous tech hub,” said Lou Kerner, founder of The Social Internet Fund.
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New York Times
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…..“The original vision upon which DotTV was founded is coming true before our eyes,” Mr. Kerner said. “It’s just taken longer than we thought, but it could be even bigger than we thought.”
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….The test shows the social network is working to better understand how and when consumers respond to ads on Facebook and Instagram, which should help it improve ad attribution, says Lou Kerner, a social media analyst and investor at The Social Internet Fund.
“The reason that Google has been so successful is because it’s simple to see that someone clicks and buys something,” he says. “But often that’s only the last piece in a much larger funnel. Facebook is trying to understand how Facebook and Instagram advertising leads to that search, which, if it can demonstrate, will undoubtedly increase the value of those ads.”
Fast Company, June 18th, 2014
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Change won’t come, though, until the products are “not just a little bit better but five times better,” says Kristo Kaarnmann, cofounder of the foreign exchange disrupter TransferWise, one of the startups Facebook tried to partner with on its e-money product. One five-times-better possibility? WhatsApp, the drop-dead simple messaging service that’s already used by more than 500 million people around the world. Facebook is looking for a way to make money from its expensive purchase, one that ideally wouldn’t force Facebook to trample upon the startup’s anti-advertising pledge. “WhatsApp is potentially a massive m-payment system,” says Lou Kerner, a venture capitalist and founder of the Social Internet Fund. “If you look at WeChat [a competing messaging platform], it’s already a payment system.” Or perhaps
The Economic Times April 18th, 2014
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Lou Kerner at the Social Internet Fund an investment fund focused on new tech firms, said the question of overvaluation has to be examined “on a company by company basis.” You can see companies whose valuations are stretched,” he told AFP. “Will they grow into their valuations? I think most of them can.” Kerner also said the new Internet economy creates a situation “where companies are gaining traction at speeds we’ve never seen before.”
CNBC February 20th, 2014
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Discussing the high price of Facebook’s purchase of WhatsApp and what it means for Google and Apple, with Amir Efrati, reporter for The Information; Lou Kerner, Social Internet Fund Founder & Managing Partner; and CNBC’s Julia Boorstin.
Business Week, Feb. 18th 2014
“It’s obviously an amazing company but still a one-hit wonder,” Lou Kerner, manager of the Social Internet Fund, which invests in social-media companies, said by phone from New York. “You’re betting that ‘Candy Crush’ will either have a very long life or King will be able to have other hits.”
Business Insider, AFP Feb 3, 2014
…. “More than 20 percent of all time spent on the Internet is spent on Facebook,” says Lou Kerner, founder of the Social Internet Fund. …. “People joke that for the teen, Facebook isn’t cool when your mom is on it,” Kerner said. “I think it’s not even your mom any more, now it’s also your grandmother.” …. Kerner notes that being “cool” is not necessarily Facebook’s long-term goal. “You can’t be the cool place forever,” he told AFP. “One of two things happen to companies when they’re done being cool. They either go away, or they transition to becoming more of a utility. And Facebook is very successfully doing the latter.”
USA Today – January 20, 2014
“Alibaba is an amazing company and preparing to IPO. That’s when secondary market investors get very interested,” said Lou Kerner, managing partner of the Social Internet Fund, which invests in social and mobile companies in primary and secondary markets.