In the last presentation from Mobile Monday Berlin, Venture Capitalist Matthias Hornberger from kizoo shares his view on the business potential of LBS: „I saw great applications and use cases tonight but I’m not sure I saw significant business models which justify a single or double digit VC investment. With 60.000 applications in the App Store, the competition to build a standalone business around a single application is just tremendous. It probably takes us a few more years to find LBS business models that really work.“
Whereas Matthias believes in the future of Location Based Mobile Dating, he’s sceptical about Family Locators and Couponing: „I think it’s a trap to transfer businesses that work in Korea, Japan or the US to the European market.“
Click here to watch other presentations and interviews from Mobile Monday Berlin.