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Speed test shocker: AT&T wins Gizmodo’s 12-city 3G megatest
So at the time I wondered: A) Perhaps they have a different take on how to solve the problem (more functionality, different segment focus, better user experience, distribution deals); and B) Have the VCs looked at the space before writing the check?
Ultimately, I think the answer is no on both accounts (often, VCs trust that a smart entrepreneur will navigate to the land of goodness if path A isn't the promised land).
Credit to Loic for reading the tea leaves, being a pragmatist and course correcting. I like their current path a whole lot better. Plenty of dogs and lots of dog food.
Mark
LOL