€18 million to FON

There you go!

FON, the so-called WIFI revolution, a yet another project by Martin Varsavsky, has just managed to gather 18 million euros from Google, Skype and other venture capitalists to develop their project in a very serious way!

Best wishes to them and Good Luck!

For more details, read Martin’s blog in spanish or english!

This entry was posted on Monday, February 6th, 2006 at 13:00 and is filed under post. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

One Response to “€18 million to FON”

  1. El Oso, El Moreno, and El Abogado » Blog Archive » Market Viraling, Part II Says:
    February 8th, 2006 at 04:29

    […] It’s not that I think bloggers should not be allowed to earn money. Quite the opposite, but I do think a certain etiquette should be encouraged. Big props to both Rebecca and Ethan for making so clear in their press releases that 1.) they are on the Fon board and 2.) they receive equity and 3.) what their criticisms of the company so far are. Anyone who reads their posts immediately understands where they are coming from. But that is not true of all the Fon press releases I saw. As far as I can tell, Fon is a great company whose success will be bolstered by its talented board of advisors and directors. But I really hope that an institutional policy is put into place which says that all Fon marketers (ie. “bloggers”) that gain money from the company, clearly disclose the fact. It will ensure their success all the more. Otherwise, I’ll find myself skeptical of everything I read about Fon. Does Doc Searls have a stake? What about Om Malik and Pau? […]