MVNO Karma goes live, selling a 4G hotspot made for sharing

Karma has arrived and its brought its concept of social bandwidth along for the ride. It’s betting consumers will be willing to share their 4G connections with strangers if given the proper incentive so it’s doling out free bandwidth in exchange for benevolence.

Draper Fisher Jurvetson invests in social bandwidth MVNO Karma

Karma not only encourages its 4G customers to share their connections with strangers, it rewards them with free bandwidth for doing so. The Dutch transplant’s social bandwidth vision now has a new convert. Venture capital firm Draper Fisher Jurvetson is participating its seed funding round.