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Jingle Networks Proves Their Free Business Model Works
Posted on June 26, 2008
Jingle Networks, the operator 1-800-Free-411, will announce tomorrow that they ve become profitable on a per call basis - a huge milestone and proof of concept for a startup that is trying to destroy entrenched competition by offering free 411 calls. This is a company we ve been tracking since 2006 when call volume really began to ramp and the funding started rolling in. In October 2006 I interviewed then-CEO George Garrick and investor Josh Kopelman about the business model. At the time they weren t profitable on a per call basis, but were confident that their direct response ads, which...
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