Stefanie Olsen: Vertical ad networks like Glam Media are really popular right now. Investors love them. Why do you think that is?
Battelle: Because people don’t understand them and they hope things that they don’t understand will pan out. I just think they are the kind of flavor of the month, but you have to get down to where do you add value to the marketer and where do you add value to the publisher.

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