Blog Post

Vonage IPO and other VoN 2005 Reflections

Its not a question of if, but when. Not since Google has there been so much excitement generated by an initial public offering that is still a gleam in some greedy investment banker’s eyes. Last couple of days at VoN in San Jose, all most could titter about was when Vonage is going to go public. With the company on target to signing up a total of million customers by end of 2005, many believe that the $200 million plus in sales will be enough to take New Jersey-based company public. In fact, pretty much everyone is betting that Vonage IPO will happen this year, and will open a gusher of VoIP-Os.

Apart from all the chatter about Vonage IPO, there were a few things I realized at the VoN. For instance, Stuart Henshall is really tall and really nice, despite the fact he and I cannot agree on anything. James Seng loves his Sharp Zaurus and well, Jeff Pulver is looking fit and tanned. And that’s before the vacation. Why do I talk about all these folks when there were hundred odd companies at the show? Because there was nothing I was impressed with. Lots of me-too products, tons of ATAs and many black IP phones, that do pretty much everything in pretty much the same manner.

What I realized was the most of the industry is obsessing over VoIP the service, while it is nothing more than a product. A feature to be hidden and embedded in everything else. Surprisingly the so called dinosaur, Microsoft seems to get it. (Maybe that’s why they choose to have the launch of their collaboration software/IP assault at a venue not VoN.) I hope five years from now, I would not have to obsess about session border controller and gateway software. VoIP would be invisible, and everywhere.

9 Responses to “Vonage IPO and other VoN 2005 Reflections”

  1. Brett Marshall

    My cell phone won’t charge. No, it is not my battery! My sister has the same phone, we switched batteries, both batteries charge on her phone and power both phones for normal amounts of time. Both batteries will not charge on my phone! When I plug in a battery charger, 12v or 120v on MY phone a pop up comes up and states, “not charging”, in red. Not, “charging”, in green like it use to or does on my sisters phone with BOTH bateries. Any thoughts?

  2. Internap is going to be a driving force in VOIP land. See todays IIP news. IIP is already in cahoots with Vonage AT&T and 1900 other customers. Internap is the backbone of quality that customers of IIP customers need and rely on.

    In the voip craze dont overlook the suppporting cast such as IIP

  3. Vonage was one of the first VIOP’s out of the gate. They will do fine
    What microsoft was to software, Vonage is to VIOP. Just sit back and
    watch the explosion. Hopefully you dont miss this train.

  4. tom martinez

    Bankers on Wall Street have been saying they can’t take Vonage publuc w/ Citron as the primiary shareholder, CEO, and director for the company. Also, there is talk that the window of opportunity for Vonage is quickly closing to go public or get acquired because all the majors who could afford to buy the company have launched or are launching their own competing service.

  5. thanks brian. i am worried about where we are going with voip. folks like stewart alsop are making keynotes when they have no VoIP background etc – that’s a sure sign we are in a bubble

  6. Brian Huey

    I agree with your assessment. As an attendee of VON, I walked away with the sense that VoIP providers (such as Vonage) are over-hyped and are at the mercy of the person who controls the last mile. And what about the customer experience that everyone assume will work itself out when problems occur?

    I can help but to think we’re in a bubble of hype and publicity.