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A local ISP in a semi-rural area has been putting their business on the line for over a decade now to build out broadband in the area. They're targeting under-s
by thaumaturgy 9y ago
A local ISP in a semi-rural area has been putting their business on the line for over a decade now to build out broadband in the area. They're targeting under-served, denser housing swaths of the region where there is little to no broadband competition.
The price tag for the initial stage of the build out is in the several millions of dollars. The first-stage service area would be under 1,000 homes. They hope to charge around $100/mo for the service.
So, you do the math. Is that a business model you'd want to try to live off of?
- briandear 9y agoA startup like Mattermark raised 17 million simply to aggregate data about startups. Surely investors would be interested in an actual business with a clearly defined business model — or any business model for that matter. There’s a graveyard of startups that were able to raise a lot of money and not do basically anything other than raise more money. Didn’t Leap raise a billion dollars for a VR headset thingy that hasn’t even shipped? Surely there’s 50 million for an ISP startup. With the ability to be something beyond a common utility, there is going to be interest in investing in ISP innovation — especially tech that provides fiber speed without ripping up the landscape.