Telus as an incubator and investorTelus being in the industry they are, are presented with many.many, ideas that require the bandwith that telus can offer. Of the hundreds and hundreds, they choose a few, (probably 3-4 per year) to pursue. Many of these do not pan out, but the investment in time and money is miniscule. The ones that prove themselves in a short to mid term (6 month to two years) with a small finacial investment ,vs a time investment(they have the staff,and it may prove valuable down the line.)is of almost no sgnificance to them. In the end ,they will sellout with a considerable profit or at least with an indebted new company.
I was intimently involved in another one of the companies that telus was pumping ( a major,major,identity) when things got tough telus backed out all of there support,yet wanted to keep their percentage. This lead to sever underfinacing and manpower problems, that ultimatly delayed for years tis entity, that was way ahead of its time and should have become a major force, instead of a small small internet company. (have you ever hear off EPOST)
Just sayin for all who want to take WELL to the next level