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Vonage In The News
Vonage Expands International Presence with Investments in Asia Pacific Region

Vonage to Present at the Oppenheimer 20th Annual Technology, Internet & Communications Conference

Syndication

Vonage Customer Reviews
Salt Lake City: impressions after several months
Salt Lake City: impressions after several months



Review: My First Day With Vonage, Excellent!
Review: My First Day With Vonage, Excellent!



Great Price, No Complaints
Great Price, No Complaints



You need some common sense.
You need some common sense.



Vonage Customer Review: One month with Vonage, and...
Vonage Customer Review: One month with Vonage, and...




Vonage Reviews

Eighth Annual Entrepreneurship Conference


Vonage In Print News

Eighth Annual Entrepreneurship Conference

December 6, 2004

By Phil Benson & Petros Sakkis

The 8th Annual Entrepreneurship Conference broke all previous attendance records with over 500 participants. This year's conference featured keynote speeches from Jeffrey Citron, CEO of Vonage; David Morgan, founder of Real Media; and Josh Kopelman, founder of Half.com.

The morning keynote was a great start to the conference, with serial-entrepreneur Jeffrey Citron advising would-be entrepreneurs to be prepared to shake things up and avoid hosting reality TV shows (a reference to Wharton alum Donald Trump's recent financial troubles).

He also spoke about the importance of distribution, marketing, and customer focus as things that can make or break a new venture, and encouraged entrepreneurs to stay focused on their value proposition to the customer instead of on the naysayers, the hype, the competitive landscape or potential exit strategies. Citron talked about the types of opportunities that interest him most and the common themes were large potential markets with big, entrenched competitors who cannot change and adapt quickly to disruptive innovation. When asked how one should approach the regulatory environment, his response was (1) hire a lot of lawyers and (2) hire another group of lawyers to check their work.

He reminded people that lawyers are there to help the entrepreneur mitigate risk, not to run the business. Citron answered questions about his company's profitability and potential competitors (such as Skype in Europe, and more established telecoms in the US) with flair before turning over the floor for the morning's panels. These included sessions on Entrepreneurship through Acquisition, Idea Generation and Validation, as well as Social Entrepreneurship, and Creative Financing.

Highlights from the Financing panel included a discussion around the role of angel investing. Panelists revealed the little-known fact that angel investors currently represent a larger source of capital than do more traditional VCs, and that government grant programs represent a source of $3.5 billion of "free money" for R&D.

As of noon, the luncheon keynotes and afternoon panels were expected to generate an even larger crowd than those in the morning. The luncheon speakers include Josh Kopelman, Wharton alum and founder of Half.com among other businesses, as well as Dave Morgan, the CEO of TACODA systems and founder of Real Media.

Afternoon activities also looked promising with the negotiation session with Professor Stuart Diamond maxed out at 150 participants and the waiting list growing steadily. For would-be entrepreneurs and venture capitalists, today's conference demonstrated just how vibrant the entrepreneurial community is in and around Wharton and Philadelphia.

Conference attendee Daniel Johnson summed up his experience at the conference today by saying: "I feel like it has demystified what it takes to become an entrepreneur. I'm already walking away with several new approaches to realizing my goals."



 
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†AK and HI residents pay $29.95 shipping. ††Limited time offer. Valid for residents of the United States (&DC), 18 years or older, who open new accounts. Offer good while supplies last and only on new account activations. One kit per account/household. Offer cannot be combined with any other discounts, promotions or plans and is not applicable to past purchases. Good while supplies last. Allow up to 2 weeks for shipping. Other restrictions may apply.

1Unlimited calling and other services for all residential plans are based on normal residential, personal, non-commercial use. A combination of factors is used to determine abnormal use, including but not limited to: the number of unique numbers called, calls forwarded, minutes used and other factors. Subject to our Reasonable Use Policy and Terms of Service.

2Shipping and activation fees waived with 1-year agreement. An Early Termination Fee (with periodic pro-rated reductions) applies if service is terminated before the end of the first 12 months. Additional restrictions may apply. See Terms of Service for details.

HIGH SPEED INTERNET REQUIRED. †VALID FOR NEW LINES ONLY. RATES EXCLUDE INTERNET SERVICE, SURCHARGES, FEES AND TAXES. DEVICE MAY BE REFURBISHED. If you subscribe to plans with monthly minutes allotments, all call minutes placed from both from your home and registered ExtensionsTM phones will count toward your monthly minutes allotment. ExtensionsTM calls made from mobiles use airtime and may incur surcharges, depending on your mobile plan. Alarms, TTY and other systems may not be compatible. Vonage 911 service operates differently than traditional 911. See www.vonage.com/911 for details.

** Certain call types excluded.

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