On the Grid | Street Fight

Making the Case for Ambient Services (Again)

Jason E. Klein

Making the Case for Ambient Services (Again)

The excitement around ambient services has faded as Highlight and others have failed to gain traction. But in many ways the ambient services that failed in 2011 and 2013 are poised for a comeback. Within the next few years, the technology will be in place to make these long sought-after scenarios a reality…

Investing in the Future of Shopping

Jason E. Klein

Investing in the Future of Shopping

A few months ago, I predicted in Street Fight that “2014 would be the year that hyperlocal goes indoors,” and “the battle will turn to reaching the shopper walking in the mall and right in front of the shelf.” Simon Venture Group is looking to invest $250,000 to $5 million per company in up to 50 companies over the next 5 years to do precisely that…

Geo-Unicorns: Will Local Spawn More Billion-Dollar Startups?

Jason E. Klein

Geo-Unicorns: Will Local Spawn More Billion-Dollar Startups?

At the Street Fight Summit in New York a couple of months ago, I moderated a panel that looked at the “Billion-Dollar Opportunities in Hyperlocal.” Our thesis in putting the panel together was that the personalization made possible by location-based technologies was still in its early stages of evolution, and that the “geo-web” will be spawning many of the billion-dollar exits that later-stage VCs crave…