July 01, 2003

Top VCs and new applications for RFID

Always-ON has released their choice of TOP 10 VCs for 2003. The list seemed pretty US focused but at least 3i from UK was included.

My excitment for RFID chips seems to get hotter and hotter. Rafle Needleman probes the emerging area from a musical point of view. A friend of mine is in the crime prevention business in South Africa. He opened my eyes for this massive industry: stolen cars, illegal spare parts, pieces of art, counterfait goods (gems, garments, CDs) etc. Funnily enough, there are even factories who are specialised on counterfait BMW spare parts such as bonnets, doors and so on... Almost all areas of life would benefit from unique identification no matter whether the things are broken into aparts or sold as complete items. Currently the tracking and proving are the heel of Achilles for crime prevention.

More about the Wi-Fi boom (or to-be-expected-bust). Hotels I understand and coffee shops also but otherwise I have difficulties to understand the user charged business model. Free Wi-Fi based on sponsoring and advertising will be a killer when smaller devices catch up the technology. I don't mind using my mobile device with Wi-Fi while on metro or in a railway station. But would I open my laptop and start to play around with my Outlook or Opera - too lazy for that.


Posted at July 1, 2003 10:27 AM
Category: Private Equity and Financing
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