Jangl’s disappearance a portent for the future?
When Jajah’s dropped me a note last night to say that Michael Cerda and Ben Dean of Jangl were joining the Jajah team, I knew something was up. The founder CEO of a company doesn’t just quit — either the company is going under or there’s been a massive capital raise and the new investors decide they want their guy running the show. I was at dinner with an investor, but this morning it turns out to have been the former.
If there’s one thing that Cerda has been good at, it’s doing deals. In his new role at Jajah, as VP of Sales and Business development, he’ll have plenty of opportunity to do just that.
Some have speculated that this portends the collapse of a number of VoIP startups. Perhaps, but perhaps some of those startups had business models that weren’t tenable to begin with. The voice world is different from the web world in that free telephony has a real margin cost, and consumers have little tolerance for another bill for the telephone.
May 8th, 2008 at 8:35 am
[...] the stories about the demise of Jangle (Luca and Om) run through the blogosphere, and questions about the bursting of the Voice 2.0 bubble [...]
May 19th, 2008 at 10:42 am
[...] around the industry as to the fate of the once promising voice start-up Jangl, who looked to be in shambles after running out of cash and seeing the departure of their co-founders and engineering team to [...]