wireless startup & investment money

Here's an interesting comment I heard at a recent wireless roundtable sponsored by the Alliance of Angels: if you're creating a wireless application and you're off to raise capital, Dan Shapiro of Ontela observed that, in order to work with carriers, you should seek VC financing.

The days of independent developers getting their products to market on the backs of carriers seem to be behind us. Dan Wright of mporia agreed, noting that it took them about a year and a half to get a carrier involved.

On the other hand, if you are not planning to work with a carrier - that is if you plan to go "off-deck" and deliver directly to the end-user - then you may be able to forge ahead with angel financing.