WiFi Bubble

Business Week online has an interesting article about over-hyped WiFi:

A year ago, Sean Marzola was the CEO of one of Silicon Valley’s hottest Wi-Fi startups. Embedded Wireless Devices in Pleasanton, Calif., had set out to design chips for Wi-Fi (wireless fidelity) access points — “hot spots” — that permit wireless Internet access within a radius of 300 feet. But about 18 weeks before EWD’s first product could start being manufactured, investors pulled the plug. Last August, EWD quietly closed its doors, leaving Marzola an entrepreneur without a home.

Note to venture capitalists: If you’re funding WiFi chips, you’ve been had. Intel, Broadcom, TI, Intersil, and Samsung will own this market, not foundry-less startups. You’ve been warned.