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Venture Capital

by Mike Masnick

The VoIP Bubble?

from the bubbles-all-around... dept

Following last week's announcement that VoiceGlo had raised millions, today comes the news that popular VoIP application Skype has brought in $18.8 million - mostly from Draper Fisher Jurvetson, who funded Hotmail, and seem to see Skype as being made from the same cloth. Expect many more VoIP related financing announcements, and the necessary "is there a VoIP bubble?" backlash. As was pointed out in an article we mentioned last week, even if it is a bubble, and many investors will lose money, the end result will be good for consumers, as our VoIP options should increase.

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