Comments on: VoIP Startup EQO Slashes Workforce by 65%*

By: EQO May Be Done - GigaOM

EQO May Be Done - GigaOM — Mon, 01 Dec 2008 02:45:11 +0000

[...] PM PT | 0 comments The bad news for mobile VoIP startups keeps coming. EQO, which had cut nearly 65 percent of its workforce about two months ago, might have finally hit the deck and be down for the count, according to [...]

By: Technology news - Techvibes Blog

Technology news - Techvibes Blog — Sat, 29 Nov 2008 23:06:02 +0000

[...] reported on a tip that Richmond-based EQO Communications had downsized from 35 employees to 12 – GigaOM and F@$kedStartups covered our news as well. Turns out we were right as EQO CEO Bill Tam weighed in [...]

By: Confirmed: EQO.com Slashed 65% Of Workforce | FuckedStartups

Confirmed: EQO.com Slashed 65% Of Workforce | FuckedStartups — Fri, 28 Nov 2008 07:05:25 +0000

[...] reports it (here) EQO Communications, a communications company based in Richmond, British Columbia, that made waves [...]

By: Another VoIP Startup In Trouble - GigaOM

Another VoIP Startup In Trouble - GigaOM — Fri, 28 Nov 2008 04:03:14 +0000

[...] peers, Fring is going to have a tough time in the future. Jangl and TalkPlus have already shutdown, while EQO recently fired 65% of its workforce. Jaxtr, another VoIP startup recently had a management shakeup and has its own set of issues. Other [...]

By: La crisi finanziaria colpisce l’industria del VoIP ed i suoi lavoratori | RSS Giornale

Thu, 27 Nov 2008 00:30:05 +0000

[...] la notizia che riguarda EQO. La giovane startup canadese ha ridotto il personale da 35 a ben soli 12 [...]

By: doug

doug — Wed, 19 Nov 2008 18:55:30 +0000

has eqo gone under?
i toppd up my account last night but new funds not showing.
can’t log in.
no one answering phone at ho, just switchboard voice mail.

By: First Ascent Ventures, LLC - The Early Stage Investment Blog » Here Come the Layoffs

Sat, 18 Oct 2008 02:36:45 +0000

[...] from the list. eBay announced a 10% workforce reduction. Zillow announced cuts. VoIP startup EQO slashed its workforce by 65%. One week ago, my former employer, Chordiant Software, announced a 13% workforce reduction. Word on [...]

By: Squawk Box October 15: The State of Voice 2.0 — Alec Saunders SquawkBox

Squawk Box October 15: The State of Voice 2.0 — Alec Saunders SquawkBox — Wed, 15 Oct 2008 18:48:43 +0000

[...] October 12 as “the latest of the Voice / Phone 2.0 facing imminent disaster”, while techvibes and GigaOm chose a similar [...]

By: William Volk

William Volk — Wed, 15 Oct 2008 16:42:18 +0000

I think the second rounds (3rd etc.) aren’t coming. Too much destruction of wealth.

See: http://iphonegames.typepad.com/extremepreneur/2008/10/web-20-dead-20-the-financial-crises-as-an-extinction-event.html

For more on this.

Get Cash Flow or else I suppose.

By: Need Voip?

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By: HR World » Blog Archive » Is EQO Cutting Jobs?

HR World » Blog Archive » Is EQO Cutting Jobs? — Mon, 13 Oct 2008 04:59:43 +0000

[...] has it that VoIP company EQO has cut its workforce by an estimated 65 percent. According to Gigaom, it was only of the first companies to allow you to use Skype from a regular [...]

By: Andrew

Andrew — Sun, 12 Oct 2008 20:33:59 +0000

2 million users? Yeah right. Check getjar.com the largest mobile download site world wide. The number shows they have had a total of 800K downloads. If you support the different phones models really well you might get a 40% conversion on these numbers. This works out to a maximum of 320K users who have a working version of EQO on their phone (if you think about users upgrading to newer versions through getjar this number is actually lower!!) With 11k new downloads last week it would take 72 weeks to double the user base!

As for their other 1.7 Million users. Where did they get them from? Their website stats don’t account for it if you ask me. I don’t know about the viral dynamics of the EQO mobile application, but I would be amazed if that is driving all these other new users.

As for revenues, i really hope for them they have revenues from their user base!

By: Owen Hatch

Owen Hatch — Sun, 12 Oct 2008 03:50:20 +0000

@Bill — I call bullsh&t. You’ve made a spurious claim you have 2 million users and you’re doubling the userbase every 8 weeks? So in two months let’s see you check in with GigaOm and confirm you’ve got 4 million users, right? fat chance.

Your site traffic statistics according to compete.com of <5K per month doesn’t even come close to supporting that claim:

http://siteanalytics.compete.com/talkplus.com+jangl.com+eqo.com/?metric=uv

… in fact, the chart reveals a sharp decline in interest across your entire sector, and eqo appears to be the worst of the bunch. Probably we need to help you work on your definition of “near profitability”.

By: omfut(Ravi)

omfut(Ravi) — Sat, 11 Oct 2008 08:16:04 +0000

Hi Bill:
Though I feel sorry for the employees who lost their jobs, it’s a very smart move. Many companies fail to understand the urgency and fail at the end. As OM said, wish u guys come out stronger and successfull from this economy crisis.

By: Om Malik

Om Malik — Fri, 10 Oct 2008 21:47:32 +0000

@Bill

I feel you. I hope you make it on the other side and good luck with everything.

By: VoIP News » Blog Archive » EQO Cuts Jobs?

VoIP News » Blog Archive » EQO Cuts Jobs? — Fri, 10 Oct 2008 20:20:00 +0000

[...] has it that VoIP company EQO has cut its workforce by an estimated 65 percent. According to Gigaom, it was only of the first companies to allow you to use Skype from a regular [...]