http://gigaom.com/2010/05/27/boku-muscles-up-with-andreessen-horowitz/ Sat, 11 Feb 2012 16:03:12 +0000 hourly 1 http://wordpress.com/ http://gigaom.com/2010/05/27/boku-muscles-up-with-andreessen-horowitz/#comment-276536 Thu, 16 Sep 2010 22:40:56 +0000 http://gigaom.com/?p=122768#comment-276536 You can’t buy anything of real value via phone because phone companies won’t support the fraud like a credit card. Only useful for “virtual” goods where nobody loses money when there’s no payment. Notice that nobody mentions that important fact in this hype article until after the VC’s get their money out of it later.

]]> http://gigaom.com/2010/05/27/boku-muscles-up-with-andreessen-horowitz/#comment-252612 Fri, 28 May 2010 16:07:28 +0000 http://gigaom.com/?p=122768#comment-252612 They have relationships with carriers. The various billing systems are ridiculously complicated so yes, I think it is defensible.

]]> http://gigaom.com/2010/05/27/boku-muscles-up-with-andreessen-horowitz/#comment-252611 Thu, 27 May 2010 17:35:47 +0000 http://gigaom.com/?p=122768#comment-252611 I agree it seems none of these startups has any compelling advantage or barrier to entry. whats to stop google or payapl from just blowing them out. or is that there game, to get bought by them?

]]> http://gigaom.com/2010/05/27/boku-muscles-up-with-andreessen-horowitz/#comment-252610 Thu, 27 May 2010 16:59:06 +0000 http://gigaom.com/?p=122768#comment-252610 [...] Giga Om [...]

]]> http://gigaom.com/2010/05/27/boku-muscles-up-with-andreessen-horowitz/#comment-252609 Thu, 27 May 2010 16:00:20 +0000 http://gigaom.com/?p=122768#comment-252609 Fat startup that will burn all the money and die in less than 2 years… sms carrier based payment systems are the dinosaurs of the payment systems, have been tried for a decade and their high costs, fraud and risks make them worthless. They will grow for a while and then will be replaced soon with next gen mobile payments, secure, faster, easier and more importantly carrier-free.

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