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Re: Vonage IPO: Let the Fun Begin
by
Anonymous
Mark:
We graded Vonage using a Disruption Scorecard and it fell short, earning a 'C' grade.
Why?
Vonage has some positive characteristics as a market disruptor (new business model, low prices, new features) it fails by these measures:
Vonage is not creating a new market;
Vonage business model looks like high-growth now, worry about profits later; (should look familiar as a dotcom legacy)
Vonage service doesn't stand on its own in terms of attributes
Should businesses emulate Vonage's business model? Is it a good investment?
Both answers look like 'No' to us, but I wonder what you think of the rating system?
Mike
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