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Simple Mobile Internet
By jpenston | January 17, 2008 |
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Simple - easy to understand, deal with, use, etc.
I want to make it simple to get data on and off mobile handsets. Today, it is not easy to understand, deal with or use mobile infotainment, so Nihat Karaoglu, MD of Centrillium-IT and I have developed something to simplify the process!
It will cost less than £30 inc VAT.
I want to talk to people who are interested in investing in this early stage opportunity. I need an investment of between £1.5m and £2.5m in exchange for 15% - 25% equity. I am forecasting a return on investment between 9x and 11x by 2012, offering an annualised percentage yield between 63% and 67%.
I also want to talk to people who are interested in selling the product. I need to create a virtuous circle between funding - manufacture - distribution and that starts here with an open invitation to anyone who wants to get involved to contact me.
Unfortunately, that means a dramatic scaling back in the amount of blogging I will be able to do in the future. I have always regarded my independence as a writer as paramount in what I blog. The articles, theses and philosophies were fun to write and will remain as a snapshot of how one telco commentator saw the market in 2007. It is going to be harder to guarantee that independence in the future but I will try occassionally to comment if I have something useful to add.
The Dragon’s Den for me? A lot of people have suggested it, but the investment I need is much larger than they have dealt with before. I would not expect anyone to analyse such an opportunity in a 20 minute slot and it would be unfair to expect the Dragons as serious investors to do so. I have all the details available for analysis and although I believe that the concept can be sold in less than 10 seconds, I would expect investors to be very cautious about investing such a large sum.
Please email me directly if you want to get involved.
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