Veteran venture capitalist Jeremy Levine believes that Internet-based software services and apps may represent the next big boom in Web-based businesses.
Jeremy Levine, partner at Bessemer Venture Partners, is a veteran investor responsible for successful investments in Pinterest, LinkedIn, OLX and other companies. Levine recently shared his forecast for what the venture capital industry can expect in 2013.
He believes that the VC industry has a tendency to over-correct its mistakes. The excessive focus on consumer-oriented Internet businesses over the past several years has reversed and now many VC firms are painting all consumer-focused Internet businesses with the same brush, turning away potentially succesful businesses in the process.
Levine also believes that small-business software is going to be the next “boom” for innovative Web-based technology and software applications. While consumer and mobile apps have dominated the past several years, companies focused on the small-business sector are experiencing tremendous growth.
About Mike Periu
Mike is a seasoned executive with experience in small business finance and management. He is the founder of Proximo, LLC a leading provider of corporate, consumer and small business education and training services with an emphasis on finance and technology.
Mike Periu is also a leading national voice for individual empowerment through financial education and entrepreneurship. He has been interviewed over 500 times in national and international media, including NBC, Univision, CNN en español, Telemundo, HITN, TVE, RTE, SBS, MegaTV and others.
Mike writes regularly for American Express OpenForum, Yahoo! Finanzas and is a Huffington Post contributor.
Mike has degrees in Finance and International Business from Georgetown University. He is on the Board of Directors of the Council for Economic Education and was a Fellow at the Kauffman Foundation’s Labs for Enterprise Creation.
