When One Door Closes, Another May Open
The slow death of Metricom threw their customers for a loop. Here was a company that provided a unique service, yet burned through a billion dollars, and is now seemingly missed by all. Denver-based Aerie Networks recently bought most of the key Richochet assets for a mere $8.25 million during bankruptcy court proceedings.
What Went Wrong?
I wrote the following article in 2001 as venture capital editor for Wireless Business & Technology magazine.
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