Yesterday in TickTack we chatted with founders and employees of Conectiva, that was acquired by Mandrake and is now Mandriva, along with me, participated in this episode, Arnaldo Carvalho de Melo, Rodrigo Stulzer, Aurélio Marinho Jargas and Elvis Pfützenreuter.
Extremely interesting content, must listen! Just remember it’s in Portuguese…
Martin just wrote in his blog
“(…) At Fon we are still losing money but losses are coming down fast from 1.2 million euros in October of 2007 to 310K euros in October of 2008 to do a month to month comparison. (…)”
If you read Fon’s revenues which I wrote in May/08 and I suggest you to read FON Raises $9.5 Million – To buy their grave? too, you will recall that he wrote:
“(…) Cash burn which was over a million euros during December was down to 480K euros in April and is going down to 350K euros in June (…)”
I also predicted this:
“That was fast, 18 million Euros is gone in around 24 months, I really though it was going to last more, only solution, more investment, this time 1/3 of the initial investment, 9.5 milion dollars, why it’s announced in dollars and not Euros like the last time? Fool me! It is 6 million Euros, around 8 months of happiness.”
If cash burn is really down to 310k, we still have around 12 months until the next round of investment.
It’s difficult to find something that I don’t like in iphone, and looks like the same happens with other people, the other day I saw an image comparing iphone to a Brick (image below), a joke of course.
I tried hard and time fixed this, I’ve identified something that I don’t like in iphone, it reflects light very easily, so it’s common to get it reflecting television light right in my face, or close to a window, if there is something to complain, that’s my two cents.
