Altura Ventures promises to help developers monetize with Adonomics
Long-time software entrepreneur Lee Lorenzen had an epiphany when he heard about the first company being built on the back of Facebook.
“When I heard about iLike, it dawned on me,” Lorenzen said. “This is a complete greenfield opportunity.”
Although his VC/incubator Altura Ventures was not a Facebook F8 launch partner, Lorenzen immediately shifted the focus of the Altura 1 VC fund and its portfolio companies squarely on Facebook.
The new vision for Altura, Lorenzen says, is to provide funding, technical assistance, product guidance, and monetization tools for application developers not keen to sell
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in