FON announced today a wonderful initiative to WiFi enable Chueca, Madrid’s gay neighborhood. This is especially relevant because Madrid is about to host Europride and over a million people are expected to come. Researching gay issues, I found out that Internet penetration rates are twice as high among homosexuals in Spain than heterosexuals.
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Now that USA is waking up, Europe is in full swing and Asia is still not asleep our shop has collapsed due to Fontenna purchases. Please be patient! We are sure that things will be back to normal in 3 hours!

And also I am getting tons of enquiries on the issue of why should anyone be a Linus anymore. My answer is that some people just don´t care about money. You know, think of blogs, many don´t have Ads. So if you are a blogger without ads for example, stay a Linus. But if you want to make money through showing WiFiAds and selling passes to the community and roam the world for free then become a Bill!

Today, Tuesday, June 12th the Fiesta Fonera starts. Here are three reasons to party.

First, the La Fontennas are available at our shop. They only cost 2 dollars/euros for good Foneros and 19.95 dollars/euros for everyone else and they boost the range of your La Fonera by 5 times. They are so good that some are already calling them Fonagras….

Second, FON is launching WiFiAds, our ad supported WiFi platform with a 5 cent revenue share per ad shown available to all Foneros. Yes, I know trolls, we copied this one from Google but then so what? They are our investors!

Third, all Foneros will be able to both roam and make money with their La Foneras. Yes, sorry Linuses in order to get this privilege you have to call yourself a Bill, but don´t worry, we won´t tell anybody.

Check out the details of this new offering in our new web site cause I know all this sounds too good to be true.

I just found out that there are many Fonspots that are lost. Namely that we know they exist but we don´t know where they are. And by many I mean around 70K of those. And that´s a lot of Fonspots. How can this be? Well, people get the Foneras, plug them, use them as wifi routers but they don´t tell the Fonero community where they are. Or they try to tell the fonero community where they are but our software fails to geolocalize them. This is unfortunately quite common. Now those Foneras work very well and other Foneros, if they find them, can connect to them. But neither can the owners of those Foneras roam the world for free nor can Foneros find the signal. In order to fix the problem of the ghost Fonspots we will start communicating with the non geolocalized Foneros soon. We will also start a program by which if Foneros find these “ghost” Fonspots that they place them in our maps. Probably we will also ask foneros to report open wifi hotspots in our maps as well. We are looking at the pros and cons of doing this. On the positive side there is more coverage, Fon or open. On the negative side somebody may have their wifi open but may not want others to use it so if we do end up including open wifi as reported by foneros in our maps we will include warnings on this regard. But one way or another we have to find a way to bring many more fonspots into our maps.

June
2007
11

Should I start a fund?

Published by MartinVarsavsky.net in Investments with Comments Off on Should I start a fund?

This is not an offering. It´s an enquiry. The companies that I invest in is public information. I am an entrepreneur and the full time CEO of Fon, but I am also the head of Jazzya, my VC company, out of which I both start my own companies (Jazzya comes from Jazztel and Ya.com) and invest in other companies, like Technorati, Netvibes, Joost and others that you can see listed on the right side of this blog. People have asked me to open up Jazzya for other people to invest with me, and so far I have taken only one investor.

If you would be interested in investing with me please send me an e mail. I don´t have time to go on a road show to see if there´s interest, so this blog can maybe achieve a similar objective. If I actually do a fund I would only take high net worth individuals or institutions, not because I want to discriminate in any way, but because what I do is very risky and I would need investors who understand this risk.

This post will not take public comments.

This morning I discovered two curious web sites. Both intriguing but for different reasons. One is about censorship, the other about orgasms. I start with the censorship site. It´s called the Great Firewall of China and it is a site that when you put a URL it tells you if it´s being censored in China. The problem with it though is that I put Fon and it did appeared as censored but we have already quite a few foneros in China and have not seen reports of blocked access so maybe the site is not correct.
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Chueca is probably the most beautiful neighborhood of Madrid. It is also the gay neighborhood. Grupo Zero is the largest gay publishing group of Spain. Fon and Grupo Zero have launched an initiative to have Chueca WiFi enabled in anticipation of the Euro Pride so when a million people come from all over Europe to Chueca, Chueca is WiFi ready. This is a video shot from the Chueca WiFi headquarters.

This article says that ABI research forecasts that by the end of 2007 there will be 179,500 hotspots around the world. They forget to count FON Spots. FON has around 140K WiFi hotspots now and we should have around 300K by year end. Maybe more. And now that we have introduced the La Fontenna, our coverage which has certainly been one of our weaknesses, will greatly increase. By the end of 2006 FON became the largest WiFi community in the world. By the end of 2007, we will be larger than all of the other networks combined. And all with the same software, in open source and ready to receive developers apps. If you have a cool app that you would like to make part of FON please send me an email and I will forward it to the right teams.

There are many reasons why I think that Facebook will become the number one social network in the world and eventually surpass Myspace.com. One is that it has managed to integrate a developer community of apps that is unrivaled. Two is because, as opposed to Myspace, it managed to span accross generations going all the way from teens to baby boomers. Three is because it allows for many different levels of involvement. The only limitation I see is the language, that it´s only in English.

Today I went to CUTEC (Cambridge University Technology and Enterprise Club), Cambridge, where I was invited as one of this years keynote speaker.

One of the activities they organize and that I liked the most is i-Teams, which is basically a group of entrepreneurial post-graduate students who work with real inventions to determine the best route for their commercialization. They present the results at CUTEC’s annual Tech Ventures Conference. Here’s the video.



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