“This funding represents a tremendous vote of confidence in Joost’s platform,” said Janus Friis, co-founder of Joost. “We’ve carefully selected these investors from a variety of interested parties”
Selected! Interesting choice of words, from Friis, pretty much letting everyone know who’s da boss. More importantly, it also indicated the premium valuation Joost got received. hope Joost puts some of these new dollars to use in building an infrastructure that can actually handle the traffic loads, and not like this past week when the service went on fritz for many of the Joost viewers. That’s the kind of thing that can prove to be a buzz kill.
And for investors who are suddenly looking at P2P TV companies, here is a short list of names that might come in handy: Babelgum, RawFlow, Jaman, Zattoo, and Neokast.
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