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Billionaires Can’t Keep Frontline Wireless From the Deadpool

Erick Schonfeld

Despite the backing of billionaires John Doerr and Ram Shriram, as well as former Netscape CEO Jim Barksdale and former FCC commissioner Reed Hundt, ambitious start-up Frontline Wireless is closing up shop. According to the New York Times, the start-up was unable to come up with the $128 million deposit needed to participate in the upcoming wireless spectrum auctions that it did so much to help shape (along with Google). With a tear in our eye, we are putting Frontline into the deadpool.

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