TEDX Talk – The Rise and Fall of Corporate AHere’s the link to my TEDx on ccelerators

Click here to see my TEDx Talk on Corproate Accelerators

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Snapchat Takes On Facebook Beyond 13-to-25 Age Group


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….Snapchat isn’t a social network and can’t really be compared with Facebook, says Forrester Research analyst Julie Ask. “I wouldn’t compare the two,” she said. “I don’t think Snapchat is a social network — more of a messaging platform with rich media. One records my life and shares it with friends. The other allows me to have virtual conversations that include photos and videos.”

But Lou Kerner, founder and managing partner of The Social Internet Fund, a New York City-based venture capital firm, takes a different view.

“At the end of the day, there’s so many hours in the day,” he said. “And if you’re spending them on Snapchat, you’re not spending them on Facebook.”

Cowen estimates Snapchat users spend an average of 17 minutes a day on the platform, vs. 42 minutes for Facebook users.

Also, 71% of people Cowen surveyed in the 18- to 29-year-old demographic said they use Snapchat. Meanwhile, a November survey by eMarketer found that only 23% of people ages 18 to 29 use Facebook.

Kerner told IBD that more older users will adopt Snapchat as it develops into a utility, as has Facebook.

The issue, he said, isn’t “are older people going to do Snapchat,” but “are younger people still going to be doing Snapchat in five years.”


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Facebook’s new Super Bowl ad play

Internet Retailer

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In addition to letting large advertisers amplify their Super Bowl campaigns, the feed will also let smaller marketers, including e-retailers, use attention-grabbing ads to be a part of consumers’ Super Bowl discussion, says Lou Kerner, a social media analyst and investor at The Social Internet Fund.

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The Disruptive Technologies Speaker Series: Tuesday January 27th, 2pm-3pm EST

To listen to the call click here 

Lou Kerner Presents

“The Disruptive Technologies”

Conference Call Series


Mobile App Installs

The Fight For Dollars & Discovery


Jud Bowman

CEO, Appia

Itai Tsiddon

Co-Founder & Director of Business Development, Lightricks

 Steve Wadsworth

President and CEO, Tapjoy

When:        Tuesday, January 27th, 2015, from 2:00PM-3:00PM EST

Where:     Conference Call – Please email lou@socialitnernetfund.com for dial in information

Please join us for a conference call featuring three thought leaders on the current state and future direction of the rapidly growing ecosystem of mobile app installs. Click here to get the slides for the call (on the 24th).

According to comScore, mobile surpassed desktop in 2014 as terms of total users. Flurry research indicates we now spend more time consuming media on mobile (177 minutes a day) than television (168 minutes a day). eMarketer estimates that 23% of all media time is now on mobile, and Nielsen reports that 89% of time spent consuming media on mobile is spent in app. Those are staggering numbers, and they’re all growing rapidly, which is why the app install market has exploded over the last few years. Fiksu estiamtes that Facebook alone has driven more than 350 million app installs in the last two years, which has been a major driver of its

These questions and others will be addressed by our panel of crowdfunding experts.

Speaker Bios

Jud Bowman – Founder & CEO of Appia . Jud is the founder and CEO of Appia, which has grown into one of the largest mobile user acquisition networks for Android & iOS, driving over 85M+ app installs to date. In 2012, the Wall Street Journal ranked Appia #22 on its list of the Top 50 VC companies. Appia has raised $30 million in venture capital from investors including Venrock, Trident Capital, Eric Schmidt’s TomorrowVentures, Relay Ventures, and The Social Internet Fund. Prior to Appia, Jud co-founded Motricity in 1999 and grew the company to more than $100 million in annual revenues and 500 employees. As Motricity’s CTO, Jud was the chief architect of one of the mobile content delivery platform that delivered more than $3 billion of content to mobile phones. In June 2010, Motricity completed an IPO co-led by Goldman Sachs and achieved a peak market cap of $1.25 billion. Jud has been named one of the world’s “Top 100 Young Innovators” by MIT’s Technology Review and one of “Tech’s Best Young Entrepreneurs” by BusinessWeek. Jud is currently on leave from Stanford, where he was named a President’s Scholar, and is a graduate of the North Carolina School of Science and Mathematics. In October 2011, Governor Bev Perdue appointed Jud to the North Carolina Board of Science & Technology.


Itai Tsiddon – Director of Business Developemnt of Lightricks. Itai co-founded Israeli/NYC based Lightricks with 4 PhD friends in 2013, to bring academic grade image processing technology & products to the mobile first world. Itai is based in New York and leads Lightricks business development. Lightricks, a bootstrapped company, scaled to 20 employees in under two years. Its first product, Facetune, is a powerful portrait editing application, and is one of the world’s best selling paid apps, with millions of apps sold and reaching the #1 top paid app rank in over 100 countries. Lightricks has served as Facebook’s case study for mobile user acquisition. Its products have been featured by Apple, Google & Microsoft, including as Apple and Google’s Best of 2013 and 2014. Itai previously clerked in the Supreme Court of Israel and practiced M&A at Davis Polk in New York.


Steve Wadsworrth – President and CEO of Tapjoy. Steve has been an influential executive and leader in the Internet and digital media industry since 1995. Steve has served on Tapjoy’s Board since 2011, and prior to that, he was President of Disney Interactive Media Group where he was a pioneer for the company’s digital media and technology business including more than 11 years as Disney’s chief Internet and digital media (DIMG) executive. During his tenure, Steve led DIMG’s global creation and delivery of entertainment and lifestyle content across digital media platforms, including mobile devices, video game consoles and social media platforms. Steve is a frequent spokesperson on Internet and digital media issues and guest speaker at Internet industry forums. In 2010, Steve was selected as one of UCLA Anderson’s 100 inspirational Alumni, and he was named to The Hollywood Reporter’s Digital Power 50 list in 2008, 2009, and 2010. Steve also served on the board of the Internet Advertising Bureau (IAB) for a decade where he served in roles of chairman and chairman emeritus. Steve holds a Bachelor of Science in engineering from the University of Virginia and an MBA from the UCLA Graduate School of Management



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Running Scared? Big Companies Increase Innovation Spending

To read the entire article writter by Lou Kerner click here

Established companies increasingly fund startups and take numerous measures as they seek to create innovative new businesses.

Just based on the numbers, you wouldn’t think established companies would be scared by the $50 billion invested this year in the U.S. by venture capitalists. The companies themselves will collectively spend over $330 billion this year on research and development, according to R&D Magazine.

Yet VC money is funding aggressive newcomers like Uber and Airbnb, and aims to create the next Teslas, Facebooks and Googles. Insurgent startups seem to be targeting every industry and even inventing new ones. The startups are wielding the weapons of the Internet—cloud, mobile, social, and data analytics—and deftly taking advantage of connectivity and the flattened business environment it enables.

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How Is Twitter Keeping Its Individual Users?

Click here to watch the TV clip

Nov. 7 (BloombergTV) –- SoftTech VC Founder Jeff Clavier and Social Internet Fund  Founder Lou Kerner discuss Twitter timeline views and engagement. They speak on “Bloomberg West.”

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Snapchat Is a Very Good Bet for Yahoo: Kerner

Click here to watch the TV clip

Oct. 22 (BloombergTV) — Lou Kerner, founder of the Social Internet Fund, and Bloomberg’s Sarah Frier discuss reports that Snapchat has closed an investment from Yahoo and is continuing to raise more money. He speaks with Bloomberg’s Brad Stone on “Bloomberg West.” (Source: Bloomberg)

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The Disruptive Technologies Speaker Series: Friday October 24th 2pm-3pm EST

To listen to the call click here

Lou Kerner Presents

 Angel Investing

How Big, How Fast, How Disruptive?


Gil Penchina

Largest Syndicate on Angel List


Jon Medved

Founder & CEO, OurCrowd


Brian Cohen

Chairman, New York Angels


When:        Friday, October 24th, 2014, from 2:00PM-3:00PM EST

Where:     Conference Call – Please email lou@socialitnernetfund.com for dial in information

Please join us for a conference call featuring three thought leaders on the current state and future direction of Angel Investing. Click here to get the slides for the call (on the 24th).

Investopedia describes an Angel as “An investor who provides financial backing for small startups or entrepreneurs. Angel investors are usually found among an entrepreneur’s family and friends”.  That definition is quickly becoming outdated driven by the rise of platforms like Angel List, OurCrowd, and SeedInvest; and the increasing professionalism of groups like the New York Angels and Tech Coast Angels. And Angel Investing is no longer just for the seed rounds. Life360, a successful mobile app for staying connected with family members is raising $500,000 of a $50 million Series C on AngleList, where the leading syndicates (like those led by Gil Penchina) are “backed” by over 500 investors that can combine for over $4 million in any one deal. The OurCrowd platform has raised over $65 million for 50 companies over the past two years, including $3.3 million for ReWalk. The last round for ReWalk was raised in July, two months before its IPO, which had a first day rise of 113%, making it the top performing IPO in the 3rd quarter.

How is this dramatic growth of these new investing platforms changing the VC landscape? How have Angel groups evolved to more effectively meet the market needs? What companies should take advantage of these capital sources? How can investors sift through all the choices? What returns should the investors expect? What are the industry trends that the broad market is unaware of? Are Angels concerned that we’re in a Bubble or that burn rates for many companies are too high? How are the pending regulations going to change the industry dynamics? These questions and others will be addressed by our panel of crowdfunding experts.


Speaker Bios

Gil Penchina – Largest Syndicate on AngelList. Gil is a serial entrepreneur and prolific angel investor. He currently runs 6 venture funds via AngelList with more launching every month. The funds are crowd-sourced from 1,000+ influential angels. He is a co-founder of Fastly, and board member at Vouch Financial. Previously he was CEO of Wikia, now a top 50 website and was a member of the pre-IPO team at eBay. Before eBay, Gil worked at General Electric, Bain & Co. and started two small technology companies. He has a Bachelors in Engineering from the University of Massachusetts and an MBA from Kellogg.   In addition, Gil has been an active angel investor in 70 companies over the last 12 years including firms such as Linkedin, Paypal, AngelList, Datanyze, Contactually, Indiegogo, Evite, ZipRealty, Plusmo, Couchsurfing, Songpop, Wealthfront and many others. His portfolio is available at: https://angel.co/penchina


Jon Medved – Founder and CEO of OurCrowd a leading equity crowdfunding platform for accredited investors, having raised almost $70M for 51 portfolio companies since its launch in February 2013. Medved has been both an entrepreneur and investor: He has been part of the founding teams at several successful Israeli startups, and as a venture and angel investor over the past two decades he invested in over 150 startup companies, helping to bring 15 of them to values in excess of $100Million. Between 2006-2012, Medved was the co-founder and CEO of Vringo, a leader in the innovation, development and monetization of mobile technologies and intellectual property. Medved led Vringo to a successful completion of its IPO in June, 2010. Medved was previously the founder and General Partner of Israel Seed Partners, one of Israel’s leading venture capital funds, with exits including Shopping.com (acquired by Ebay) and Answers.com (Nasdaq: ANSW, acquired by Summit),


Brian Cohen – Chairman of the New York Angels – As Chairman of the New York Angels, Brian oversees the leading NYC seed capital investor network, which has invested over $100 million into more than 110 early stage technology companies. Among his numerous early stage investments, Brian was the first investor in Pinterest. As a new author, Brian‘s book entitled “What Every Angel Investor Wants You To Know To Raise Smart Money For Billion Dollar Ideas” was published by McGraw Hill and is now available in multiple languages around the world. Brian also co-founded, with his son Trace, the first direct-to-customer, self-publishing Event news platform called Launch.it in May 2012. As an educator, Brian created the AIMS (Advanced Internet Media Studies) Program, a college semester program where students will be trained to use the internet smartly and professionally. He also advises entrepreneur students at NYU and Columbia University. Brian holds a Masters Degree in Science Communications from Boston University’s School of Public Communications and is the recipient of the Distinguished Alumnus Award.

RSVP to lou@socialitnernetfund.com to get dial in information


The content of this broadcast/ presentation does not involve the rendering of personalized investment advice and should not be construed as an offer to buy or sell, or a solicitation of any offer to buy or sell the securities mentioned herein it is for and is for informational or discussion purposes only. Nor does it reflect the adoption or endorsement of the views of the individual presenters.


This background information contains only news, facts, and commentary on information previously reported from a news source believed to be accurate and reliable by the author.

Posted in Angel Investing, IPO, Private Shares, Research | 1 Comment

How to leverage the metrics of attractiveness


Fo read full article click here

…Lou Kerner, the founder of The Social Internet Fund, and I met in the elevator, which is always a good networking place. Lou invests in the primary and secondary shares of rapidly growing social media and mobile companies. I asked him what he’s attracted to when investing in a company. “Data! I focus on companies that customers love and I determine the level of my interest by looking at their user data.” Lou goes on to say that “I involve myself in every stage. We’ve invested in companies very early as well as just months away from IPO.”

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Heidi Messer, Alan Patricof, Lou Kerner, Others on What It Takes to Grow in NYC


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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