Want to make a million?
Start tracking the incubators!
Look for Google to move into the web-based phone service business in a big way. Google will be offering a service whereby we have one phone number that connects with any and all others we may have and creates one simple interface that is Internet-based. It will also be interactive with Gmail and Google's growing family of Internet-based services.
This past week Google bought Fremont-based GrandCentral Communications, Inc. for an undisclosed sum of money and wasted no time in adding the Google brand. Check out the GrandCentral web site here.
GrandCentral's phone service began beta testing just this past September. It lets people use a single number for all their phones, as well as create a single mailbox, accessible over the Internet, for all their phone messages.
The company was founded by Craig Walker and Vincent Paquet, two of the top executives of DialPad Communications, which Sunnyvale-based Yahoo bought in June 2005 for an undisclosed amount. Walker and Paquet developed a great business model - they became an incubator for Yahoo and now for Google. They have become a contracted-out research and development service for the Big Boys on the block and they are laughing all the way to the bank.
Look for more developments coming soon from the incubator start-ups. This is where the gold will be found!
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