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Sabeer Bhatia’s next, real estate software

Posted on 21 December 2012

For Sabeer Bhatia, the search for the next Hotmail continues. The last idea from the co-founder of Hotmail, JaxtrSMS, a mobile application that allowed users to send a text message to any mobile in the world for free didn’t take off, with Bhatia blaming its revenue model.
“I firmly believe that advertising in the mobile space, just basically any form of advertising over mobile phones doesn’t work. The sheer number of apps that are now present on the market ensures that you can’t make money off of it through advertising,” he said, adding that this was the current problem with Facebook’s mobile revenue model as well………………………………………..Full Article: Source


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