The days are numbered for all Free Conference Call services, it’s simply a matter of time. The big telcos have been a bit pissy for having to aid their competitors indirectly via the USF. The emotion over this has been coming to boil for years now and recently Free Conference Call provider Foonz fell, just a few days ago.
I am sure glad we decided to pull out of that Free Conference Call game long ago. Our conference call service “Lypp” (formerly Gaboogie) started by offering free conferencing but quickly decide that was a bad idea (duh!). Lypp is now cash flow positive, growing like crazy and not showing any signs of slowing down.
Just a quick post… We quietly launched our International service for Lypp teleconferencing this evening. Users from Australia, UK, Germany and many more countries, can now sign-up and start using Lypp teleconferencing. Existing and new users in North America can also now include participants from 20+ countries. We only charge you for minutes you use and there are NO additional long distance costs if you use the outbound calling feature.
Since Lypp calls you and your attendees there is little or no need for an International Toll Free number. Use the Lypp for Outlook Add-in or the Lypp.com website and simply set it and forget it. Lypp notifies and calls everyone for you at the time of the meeting. The only thing you have to remember is to answer the phone when it rings.
Yes, Conference Calls and now International Conference Calls are just that simple at Lypp.
Already a couple of days old now is the news that Ribbit just sold for $105m with (£53m) in cash. A congratulations is in order for Ted Griggs and his crew!
Due to this news Lypp is receiving a bit more attention and I have recently been asked by a few interested parties, “What are you going to do with Lypp?”.
The short answer is “We are building a profitable company.” The long answer is, “We are building a profitable company.”
Next week as we will be announcing the availability of the Lypp Teleconferencing service in more than 20 countries Worldwide with more to come shortly thereafter. Countries in this next release include; UK, Australia, Germany, Netherlands, Hong Kong and 15 more.
The international rates will be competitive, as an example Australia will be the same price as our North American rate at 9 cents/min with zero long distance calling costs. International Toll Free will be unnecessary considering Lypp calls all the meeting participants, in all countries served, at the time of the meeting.
So that is what is going on with Lypp. We are on track and I am thrilled with our progress. Yes, there are some interesting conversations in play and we will see where that takes us but the end game is to create a healthy company that continues to grow.