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    <title>Todd Allen on Technology: EarthLink: No More Money for Helio « GigaOM</title>
    <link>http://toddallen.org/articles/2007/10/27/earthlink-no-more-money-for-helio-%C2%AB-gigaom</link>
    <language>en-us</language>
    <ttl>40</ttl>
    <description>Ramblings on mobile and early stage companies.</description>
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      <title>EarthLink: No More Money for Helio « GigaOM</title>
      <description>&lt;blockquote cite="http://gigaom.com/2007/10/26/earthlink-no-more-money-for-helio/"&gt;&lt;a href="http://www.helio.com/page?p=join&amp;amp;" title="Helio"&gt;&lt;img alt="Helio" src="http://www.helio.com/images/nav/mainnav_logo.gif" border="0" /&gt;&lt;/a&gt;
&lt;br/&gt;&lt;br/&gt;
Well, If you are a Helio customer, you might want to get ready.&amp;nbsp; Things are going to get hairy.
&lt;br/&gt;&lt;br/&gt;
"EarthLink will not be required to participate in future funding rounds [in Helio], and will retain a meaningful ownership stake. The definitive amended joint venture agreements are expected to be finalized in the near future."
&lt;br/&gt;&lt;br/&gt;
If Earthlink is out, and the company burned 92.3 million on 51.7 in revenues in the last quarter including a 30 million dollar loan from Earthlink.... well, they might want to get on it.&amp;nbsp;
&lt;br/&gt;&lt;br/&gt;
 SK Telecom agreed to "up to" 270MM more, likely giving them 6-9 months runway without a significant change.&amp;nbsp;
&lt;br/&gt;&lt;br/&gt;
 I'm not a fan of MVNO's in general, but good luck anyways.&lt;br/&gt;&lt;br/&gt;
&lt;/blockquote&gt;&lt;cite cite="http://gigaom.com/2007/10/26/earthlink-no-more-money-for-helio/"&gt;&lt;a href="http://gigaom.com/2007/10/26/earthlink-no-more-money-for-helio/"&gt;EarthLink: No More Money for Helio « GigaOM&lt;/a&gt;&lt;/cite&gt;
&lt;p style="text-align: right; font-size: 8px"&gt;Blogged with &lt;a href="http://www.flock.com/blogged-with-flock" title="Flock" target="_new"&gt;Flock&lt;/a&gt;&lt;/p&gt;&lt;!-- technorati tags begin --&gt;&lt;p style="font-size:10px;text-align:right;"&gt;Tags: &lt;a href="http://technorati.com/tag/helio" rel="tag"&gt;helio&lt;/a&gt;, &lt;a href="http://technorati.com/tag/earthlink" rel="tag"&gt;earthlink&lt;/a&gt;&lt;/p&gt;&lt;!-- technorati tags end --&gt;</description>
      <pubDate>Sat, 27 Oct 2007 14:53:00 -0400</pubDate>
      <guid isPermaLink="false">urn:uuid:55e6b378-0261-4dab-9621-8132fb5150fa</guid>
      <author>todd</author>
      <link>http://toddallen.org/articles/2007/10/27/earthlink-no-more-money-for-helio-%C2%AB-gigaom</link>
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    <item>
      <title>"EarthLink: No More Money for Helio « GigaOM" by webmaster</title>
      <description>Men, learn seduction techniques that will help you get the girl. This &lt;a href="http://online-datingguide.blogspot.com" rel="nofollow"&gt;dating guide&lt;/a&gt; was written by pros just for you.</description>
      <pubDate>Tue, 30 Oct 2007 01:21:56 -0400</pubDate>
      <guid isPermaLink="false">urn:uuid:30caf323-1c81-4fff-8a4f-e869bdad3c65</guid>
      <link>http://toddallen.org/articles/2007/10/27/earthlink-no-more-money-for-helio-%C2%AB-gigaom#comment-211</link>
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