Deadpool: Teqlo Finds Out That Mashups Don’t Make Money
Written by on November 8th, 2007 in Ajax News.
Making my point that it is hard to make money from mashups, investors have pulled the plug on Teqlo. The startup, backed by Peter Rip, was originally focussed on being a widget-based tool for creating mashups, competing with Yahoo Pipes, Dapper, and OpenKapow. Then it tried to morph into a vague “Web-based workflow” company, and lost its CEO. Founder Jacoby Thwaites tells GigaOm:
We had great investors, great people and great technology, but we ran out of time working out what the killer product could be!
Time’s up, buddy. Teqlo is now in the deadpool.
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Source: TechCrunch
Original Article: http://feeds.feedburner.com/~r/Techcrunch/~3/181784529/