Posts Tagged with ‘index-ventures’

I will never understand how VCs make their decisions. Some companies that get funding seem doomed to fail, and falling under that very confusing category is last week's news that doubleTwist was funded by Index Ventures.
In theory, doubleTwist has all the Web 2.0 buzzwords that should lead to success. It's tagline is “liberate your media” and the only text other than news on their entry page is “doubleTwist desktop enables you to easily share media with friends and sync with [...]

What do Sequoia Capital, Index Ventures, CBS Corp, Viacom, and Li Ka-shing (a really rich Chinaman) have in common? They all bet their pants on Joost. $45 million in slacks, as of early May.
Actually, high-priced fabrics weren’t part of the bargain. (I’m not so sure that’s the right word to use in this context, but anyhow.) Just paper. Lots of it. Is it just me or does it seem like Joost has been hogging headline space quite a bit as [...]

FON made news recently with its jab at Starbucks’ WiFi biz. The Spanish success (it boasts the largest number of hotspots in the world) offered a free wireless router to anyone within the immediate vicinity of one of thousands of Howard Schultz’s establishments that had broadband Internet access. Such a move by anyone, in the US at least, would be a clear transgression against agreements made between consumer and ISP, but nevermind that. FON’s going full steam ahead, and it [...]