Abhir Dayaram • Apps multibillion dollar time bomb

Apps multibillion dollar time bomb

Applications or apps for short – whether they are for cell phones, smartphones or tablets have never been more popular; with even President Obama ordering government agencies to start developing them. With this popularity has come great wealth and Apple’s App Store alone generates $5.4m a day from the top 200 apps and has seen over 63,000 new apps added this year alone (according to market research firm Distimo), from developers looking to make it big and become the next Instagram or Rovio. With so many applications available; many developers are taking too many liberties and short cuts that could potentially develop into a multibillion dollar problem for both themselves and their consumers. Read my blog to find out more about this topic: http://www.abhirdayaram.com/2012/06/19/apps-multibillion-dollar-time-bomb/

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About

Abhir Dayaram is an international negotiator and a specialist in private equity and finance. He has previously worked in the Venture Capital, Mergers and Acquisitions, Corporate Finance and Private Equity divisions of Standard Bank in South Africa. His responsibilities included assessing performed deal valuations and credit analysis on opportunities for both financial and strategic acquisition on behalf of corporate clients, as well as the bank’s private equity division.

He is currently CEO of Quantum Capital Fund, a multi-staged venture capital firm that is largely invested in Quantitative Trading, Information Technology and the Online Media sectors. He spearheads the valuation process of investment opportunities and has functional responsibilities for the quality, consistency and improvement of its investment processes within and across each business line.

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