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New startups may be bigger losers in net neutrality fight than Netflix

16
Jan
2014

We’ve already read today about the big net neutrality ruling’s potential impact on Netflix but it turns out that there might be even bigger losers than well established tech companies. Venture capitalist Fred Wilson has written an imaginary dialog between an entrepreneur and a VC that illustrates just how much power ISPs have gained from this week’s decision to strike down the FCC’s net neutrality rules. Essentially, Wilson has a hungry young startup founder walk into a VC’s office and pitch him on the idea of a better music streaming service than current offerings. The VC responds that “since Spotify, Beats, and Apple have paid all the telcos so that their services are free on the mobile networks, we are

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