Tony’s Place

I was left a comment asking if I thought we would be getting a refund from SunRocket. My reply got long so I’m creating a new post.

I don’t think we’ll get anything back from SunRocket. They ran out of money so I don’t expect we’ll get anything. I interviewed for a job with SunRocket about 2.5 years ago. I’m now glad that I didn’t get the job. Back then they were small and thrifty. Once ex-AOL management came in they were spending too much to attract anymore VC funding.

VCs want big returns. $200/year VOIP is not a big return business but it certainly can be cash flow positive. I think independent VOIP providers can succeed. I suspect ViaTalk will survive because they are a private company and Packet 8 (EGHT) will survive because they are an established company that doesn’t have to rely on VC. Lingo is part of Primus (PRTL) and they have been reinventing the company over the past few years. Time will tell if they can turn the company around.