In a thinly veiled attack on rival mobile ad networks (and other mobile start-ups) that have a) taken VC funds and/or b) sold out, Admoda issued a press statement with tongue-firmly-in-cheek, see:
Admoda/Adultmoda Declines $25M of 3rd Round Investment
While mobiThinking would never criticise a start-up for taking venture capital (VC) investment (that’s not Admoda’s point either, by the way), we recognise that it must be frustrating to companies that build businesses organically that they don’t get the generous publicity – quoting those fantastic market capitalisations – afforded to a rival that sells part or all of their young business.
Hence we are happy to chortle at what on any day other than April 1st would be a cheap publicity stunt. However it must be acknowledged that Terry Jackson and the other founders of Admoda now face an interesting dilemma if they get an offer they can’t refuse from…
For more details on Admoda/Adultmoda and any of the mobile ad networks that CEO Terry Jackson may or may not be having a go at, see:
mobiThinking guide to mobile advertising networks (2010)
And don’t miss:
Japan, Canada, USA, Germany, UK, India, Australia, Spain, South Africa, Brazil
Leave a Reply