Vonage Killed the Industry

Many people are still complaining that the Vonage IPO has killed the investment environment for anything related to Voice over IP. 50% of any investor conversation revolves around explaining why Vonage did it wrong. The most common thing mentioned about Vonage is that management made many mistakes. I am not sure this is a such a great reflection on Vonage management but the company has set themselves up to be attacked by the entire telecom industry.

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