The learning from trutap post won the carnival of the mobilists post of the week

The learning from trutap post won the carnival of the mobilists post of the week. See Igor’s blog for an excellent carnival again – Carnival of the mobilists No 153. Andreas also has an excellent post in that carnival about mapping the open source mobile landscape which you should not miss.

I think a lot of people liked the post because many feel(like I do) that the VC model is so flawed and misses so many fundamentals as I pointed out in my original blog. Apart from the direct competitors like Nimbuzz and the big five mobile social networks which I pointed in my blog – there are also local companies like Hyves in Holland(apparently the Dutch PM is a member!)

So, it seems that the model that we can throw some money(in the larger scheme of things – $14.5M is not a lot of money anyway!), ignore market realities(i.e. companies who have loyal subscriber base -in case of Peperonity since 2001) and hope that we can get market traction through PR etc – cannot ever work

In contrast, many other companies have started profitable ventures and built large communities – so the sector itself is sound.

Thanks for your support as usual