One more thing- I don't pump any stock, although I can understand why sometime I may sound so. The reason I am so excited about PVSP is their technology. I have not used their phones. But just from seeing the videos it seems like a far superior technology. However, how it will hold when the network is jammed with tens of millions of user, that is another story.
The big picture is- Social media is just getting started. Right now, generally speaking, people think of Facebook, LinkedIn, Twitter, and Foursquare, when they think of social media. Social media will be rampat and it will be incorporated into every aspect of our lives. I recently gave a talk on the Merge of Technology, Media, Entertainment, and Society (Our Lives).
Few years from now it will be very different and there will be hundreds of verticals in the social media space. Each of these verticals can keep a user on their website for quite sometime. Think of a social media travel site or a social media cooking/kitchen site. When Mom is cooking, she can browse the recipe, watch a vidieo and guess what- if a VOIP is integrated to that social media platform, she can just click and talk to her girl friend who is in the kitchen at the same time. In other words our lives can be more intercative (or as I call it "disruptive") by introducing a VOIP audio/video platform. I know, some of you are thinking, why not logonto Skype. It's not the same. When you are on Facebook you can see who is there. And is you see your highschool friend is there, you may chat for a few. You are not going to turn on Skype to find him.
If you are on a cooking media platform, you can see who else is in the kitchen at the same time. That diffrentiation will allow many VOIP providers to survive and some will become big. In other words there are tons of companies who can use this platform. That is why I am so optimistci about PVSP.
However, in tech, timing is everything. A week is a very long time as some Stanford kid can crankout an app over the weekend and have Sequia or Benchmark or Andersen Hurwitz back it up with $50M and scale it in few months. They have all the experts a phone call away. This is where I am pessimistic about this management capability. They are are obviously playing/partnersing with 2nd rate or 3rd companies. Can they graduate and move to the top tier- only time will tell.
They need to hire some guys who knows this game. This is all a game. Groupme got sold for $75M where as much better group messeging sites are biting dust. It is who you know and how fast can you move- matters, a lot.
Good Luck all including ME!
Experience is the most powerful tool in the world !
AI
