VCs Focus In On WiFi

Venture capitalists sitting on top of billions in cash, looking for something… anything… to get hot have suddenly started to focus in on WiFi as the savior in which they can sink their cash. Of course, it looks like they haven’t really learned their lessons, as they’re starting to dump money into businesses that don’t have much in the way of a well-defined business model and (once again), it looks like some VCs are investing only because others are investing.

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