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Vodafone chucks €150k at European mobile Internet startups
- makmanalp 17y agoSounds like a good profit scheme - invest money so companies create apps so people have a use for 3G so people pay for 3G.
- maurycy 17y agoQuite surprising that other companies do not utilize this observation too much, investing in the ecosystem of their own products and, thus, increasing their value. €150k sounds like a pocket money for Vodafone
- swombat 17y agoThe point made near the end of the article is really interesting. Is it better to go for grants/prizes or to try to raise traditional funding? Both are risky activities, both take time, but one of them costs you equity and the other one doesn't. PS: Oh, and for what it's worth, we (woobius) are competing in this... if you want to help you can vote for us at http://www.vodafonemobileclicks.com/vote http://www.vodafonemobileclicks.com/vote :-) Cheers! The mobile app we're building is described at http://woobius.com/scribbles/posts/0021-woobius-eye-beta.html http://woobius.com/scribbles/posts/0021-woobius-eye-beta.htm...