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I’ve been expecting something like this to happen for awhile now: my friend Paul Kedrosky points to a story in the Wall Street Journal that looks at all the attention the “share your Wi-Fi” startup FON got after announcing an investment from Google, Skype and Index Ventures.
As the story notes, some of that attention came [...]
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Well, the FON network has $22-million or so from Google, Skype and Index Ventures, but it might have a bit of a credibility problem as well, after reports from one U.S. Internet service provider that contradicted what founder Martin Varsavsky said when he announced the deal. He said the company has the support of Speakeasy, [...]
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It’s nice to hear that FON, the share-your-Wi-Fi network founded by entrepreneur Martin Varsavsky, has gotten an investment from Google, along with Skype founders Niklas Zenstrom and Janus Friis - but while that is a huge vote of confidence, it doesn’t remove some of the uncertainties surrounding the FON business model. For one thing, as [...]
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The idea behind FON (which I heard about via gigaom.com) is a simple — and fairly seductive — one: Get as many people as possible to open up their Wi-Fi networks and share their bandwidth, and thereby create oceans of wireless hotspots for free. The venture, which was started by entrepeneur Martin Varsavsky (who founded [...]
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