Pixel Envy

Written by Nick Heer.

Like Color, Time for Airtime to Get Off the Air

Om Malik, in a post with the apt URL slug /color-airtime-time-to-die-damnit/:

If Color’s Bill Nguyen boasted about the $41 million he raised from Sequoia Capital, then Airtime talked about its $33 million in funding, celebrity launch event and bold claims that sounded hollow from day one.

For now, Airtime wants to be a next generation Skype! Sure, and I want to be a latin lover.

I wrote about Color last year, and it hasn’t progressed since. Airtime is using the same business strategy of a weak solution to a problem nobody has. The capital that both of these startups have raised is mind-boggling, though.