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TechCrunch – CEO You Later: Madvertise Founder Steps Down As European Mobile Ad Company Builds A Bridge To Silicon Valley


By: Steve O’Hear

January 8, 2013

Another day, another CEO parts ways. This time it’s the turn of Madvertise co-founder Carsten Frien who is stepping down from his position as CEO at the European mobile ad company. He’s being replaced by Christof Wittig, an experienced (and successful) entrepreneur, who — despite being a native of Germany, where Madvertise is headquartered — was most recently a VC in Silicon Valley with San Francisco-based firm Kii Capital.

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