Sunday, May 15, 2005

Vonage Slammed By Tehrani

Andy Abramson - VoIP Watch


You don't want to get Rich mad at you, but judging by this post he's really taking a bite out of Vonage and praising Packet8.
I think credit has to go to the new PR and marketing effort at Packet 8. They are getting their act together and have begun to pop up with huge displays at many of the big box retailers.
As for Vonage, I think the Florida case is going to linger and could be the death knell for an IPO.
Is that why rumors are starting to swirl that some of the original investors are looking for a buyer, versus an IPO exit strategy? VC funds need liquidity events and now that Vonage has money that's seasoned, the pressure could be starting to mount, even with some more late stage money being put into the pot last week.

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