The title pretty much says it all, and frankly, how is this possible in 2007 is beyond me.
I’ve had a trusted old eFax service for perhaps a decade, never gave it a lot of thought. However, now that Fred Wilson is asking for advice, I thought I’d do a quick research. Voila! Here’s a comparison matrix of 10 Internet fax services by Top Ten Reviews:
What’s wrong here? There’s not a single offer tailored for individual users. I’m sure a busy VC like Fred has enough fax traffic to justify the $10 or so that most of these services charge: there are term sheets, legal documents..etc. (Although I certainly hope EchoSign would obliterate the fax machine soon.)
As a consumer, the grand total of faxes I receive in a year is perhaps 1-2, and I don’t send more than 5 per year. $10 is not a huge amount, but why would I pay a monthly subscription optimized for 1-200 pages monthly traffic?
The free version of eFax (btw, how could the granddaddy of Internet fax services escape the comparison?) allows free inbound services, but no sending at all. I don’t expect free sending, but why can’t I pay per use, only for the pages I send? Sure, I would not bring a huge business volume, but there are tens of millions just like me: occasional users, sending a few faxes a year. Charge me triple price, but don’t force me into a subscription deal! Then I could kiss goodbye to the modem and phone cable.
Update (313): There is an interesting comment-exchange re. the economnics below. And some good news: EchoSign will soon have doc-to-fax functionality. Of course what I meant above by EchoSign obliterating fax machines was wider acceptance of electronically signed documents and eliminating the need for faxed copies at all.
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