Why Ribbit Chose Sale to BT Over Organic Growth
July 30th, 2008
Ribbit Co-Founder Crick Waters discusses why Ribbit chose to sell itself to British Telecom instead of trying to grow its VOIP software from scratch in competing with Google, Skype and phone carriers. Surprise: It’s all about the greater scalability and footprint, baby.
- British Telecom bought Web telephony startup Ribbit yesterday for $105 million. Here’s the scoop for those who missed it.
During a demo last January, Ribbit Co-founders Waters and CEO Ted Griggs assured me that they had the technology and tools to make a go of it alone as Silicon Valley’s first …
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Why Ribbit Chose Sale to BT Over Organic Growth
Entry Filed under: Voice over IP
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