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12/01/2004: "Commoditites and WiFi"

This one's for you, Bob

The big question, however remains for the venture capital community: how do you evaluate a start-up that is involved in highly commoditized business like WiFi?

When you base your strategy on replacing some number of access points, and the price of those access points keeps falling, you'ld better find a new way to prove the value of your product.

Living in the rat race smoking rat weed
You reap what you sow when you plant the seed
Bum cheese on rye with ham and prosciutto
Got more Louie than Phil Rizzuto
What goes around, comes around

(link)