Smith On VoIP

For those of you who are regular followers, you might have noticed that I have not been posting much of late and that when I do it is usually thoughts about events that happened days or weeks before.

Unfortunately, that is the nature of the beast when it comes to blogging as a secondary effort.

I was catching up tonight with some industry news and I ran across this article about Jaxtr having 10 million subscribers, yet ZERO revenues.

ZERO revenues?

10 million subscribers?

You have to be kidding me.

Maybe it is the fact that I grew up in a “bootstrapping” entrepreneurial household or that I eventually settled down with a company that was started with and initial investment of $75,000, but as many times as you explain to me the “VC way” I refuse to believe that a company with 10 million subscribers and has no revenues has a solid future ahead of them.

Heck, even a donation button would result in something.

If your service is not valuable enough that you can’t charge people to use it from the start…then why would you expect to anyone to pay for it once you have 10 million users?

Unless you think that someone will buy it. But then again, who wants to buy a company whose customers don’t pay for their service?

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