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July 05, 2006
Benchmark's Klaus Hommels Stakes Out Consumer Internet
Klaus Hommels, a well-known business angel who backed Skype (one of the many it seems) and is currently backing OpenBC, for example, is getting some press these days now that he made what some see as a surprising move to join a venture firm, Benchmark Capital as a venture partner last month.
Hommels has had gigs over the years at BV Capital, Apax Partners, two VC firms, and at AOL Europe.
Now he's getting his message out with interviews in the mainstream business press about where he'd like to see dealflow, specifically, consumer Internet and so-called platforms (just like almost every other VC that has raised a fund in this new cycle- except for Scottish Equity Partners, Pond Ventures, Eden Ventures, Atlantic Bridge and Northzone Ventures who stick to their areas of specialization).
He likes Stardoll.com, the online celebrity dressup site, due to its ability to attract over a million users without spending a lot on marketing. And he also likes companies such as myvideo.de and metacafe because he believes that television broadcasters will eventually acquire them.
Read - "Viele Fernsehsender wollen sich Online-Communities kaufen" (FAZ)
Read - The Best European Business Angel (Bruno Giussani's Lunch Over IP blog)
Posted on July 5, 2006 06:20 AM | Posted to Venture Capital | Permalink
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