Too many people are expecting Joost to be the next Kazaa/Skype. That kind of expectation might be attracting the wrong kind of people. I think this CEO is probably one of those people. I'm sure the five years at Cisco has rotted his brain beyond repair.
Before Skype, there were lots of VOIP companies and there are a bunch of TV P2P startups now. I wonder how this will play out.