The Register® — Biting the hand that feeds IT

Feeds

Joost UK goes titsup

Joost, the web telly firm founded by the blokes behind Skype, has liquidated its UK subsidiary. As reported by The FT and TechCrunch Europe, Joost UK was put into liquidation earlier this month, yet another step in the slow decline of the Netherlands-based outfit. This summer, unable to hook up with the world's big-name media …

This topic is closed for new posts.
MacRat

Predicted

Did anyone else expect this to happen when the venture first started?

dunncha
FAIL

never heard of it

Do you think maybe that's what went wrong?

Anonymous Coward
FAIL

The future of IPtv

The future of IPtv? Liquidation after bankruptcy after collapse. Just ask Alex? But hey, the venture capitalists don't need the money do they. It's not as though anybody ever loses out in a liquidation is it. The taxman gets paid, the suppliers all get paid, the workers all get paid. Liquidation isn't legalised theft at all. Is it?

Peter Kay

Yup. Definitely predicted.

I can't believe the amount of bullshit spouted about Joost when it came out.

Crap application, crap architecture, crap programmes. It had so much going for it..

The same applies to Skype, where its sole advantage is that skype to skype calls are free. The rest off the rubbish surrounding it boils down to it being free. Given that ebay has lost a huge amount of money on that looks like I was right on that one too.

Still haven't seen the wheels fall off the facebook bus, though..

Anonymous Coward
Coat

predictions

the only people that really still get paid in a titsup event are the lawyers, accountants, banks and government.

This topic is closed for new posts.