investors

What can pureplay ad tech companies do to clean up their rep on the Street?

Scaled ad tech M&A was up 150% in the third quarter, driven in part by private equity … so, hurrah? “I wouldn’t read too much into this, actually,” said Conor McKenna, a director at LUMA Partners, which released its Q3 market report in early October. The rise in M&A during the previous quarter is partially the result of a backlog from the first half of this year.

Even Facebook isn’t impervious to the downstream effects of repeated scandals, macro privacy trends and the law of large numbers. With Cambridge Analytica, the General Data Protection Regulation (GDPR) and flatlining use in North America, which is Facebook’s most lucrative market, the buck had to stop, or at least stall, sometime. It did so on Wednesday […]

With early-stage ad tech venture capital (VC) dwindling in recent years, some ad tech entrepreneurs stepped in to fill that funding gap, forming an angel investor ecosystem. While institutional investors are disenchanted with ad tech, insiders are more optimistic. AppNexus founder and CEO Brian O’Kelley said he hopes to invest “in a space I understand […]

For ad tech vendors, chances for exit are still slim and getting slimmer, according to a panel of investors at ad:tech New York at the Javits Center on Thursday. Warren Lee, a partner at venture capital firm Canaan Investors, an early investor in DoubleClick and Tremor Video, put it bluntly: Those who want to succeed […]

Private ad tech companies are going public, public ad tech companies are coming off the market, private equity is getting acquisitive – and it’s all part of the natural order and an overdue market correction. Time to put a fork in the now timeworn “ad tech is dead” narrative. “We’ve always been bullish on this space […]

Investors are bullish on location. “We think there is a lot of promise in location,” said Anders Richardson, managing director of Palisades Growth and an xAd board member, speaking at an xAd event in New York City on Thursday. “It’s amazing to me what it allows marketers to do.” In other words, providing a conduit […]

While the VC well has runneth dry for many of the middlemen of ad tech, the cash is still flowing for companies focused on the cross-device space, mar tech, artificial intelligence and mobile marketing automation. Flowing with caveats, however. “It’s not that capital has dried up, but rather that investors are being more deliberate in […]

Boom and pop. One is the sound of VC money pouring into the ad tech industry. The other is the sound a bubble makes when it bursts. Ad tech has been notorious for heavyweight funding rounds and even larger, some might say bloated, valuations. And companies that were flying high before they went public – Rocket […]

Nikesh Arora, Google’s SVP and chief business officer, will be leaving the company after a decade, according to the company’s earnings press release. He’ll join Japanese telecommunications and internet company SoftBank, where he’ll be vice chairman of SoftBank Corp. and CEO of SoftBank Internet and Media. Omid Kordestani, a senior adviser to the CEO and one of […]