I was pretty excited a few weeks ago when Trilulilu, the company where I am chairman and one of my largest angel investments, soft launched its streaming music service Zonga.ro with Vodafone! We also announced that Vodafone had taken a 15% stake in Trilulilu´s music subsidiary Trilulilu music. This is a huge vote of confidence that a company such as Vodafone would make such a move and select a Romanian company to offer a music streaming service to its customers for the first time worldwide. This is great for Vodafone who gets a great service for its customers and also lots of goodwill by showing that it has the vision to find great teams and start ups no matter where they are located in the world and as a result in this specific case, support the Romanian start up ecosystem. It is also great for Trilulilu and Zonga of course who gain a very important strategic partner that will significantly boost its growth potential. Finally it is also very good for the local start up ecosystem that in my opinion needs to gain credibility and traction, not just with more funding deal announcements or exits (still very rare) but also by having start ups that like Trilulilu evolve to the next stage and become credible enough so that they can partner and do truly strategic deals with the truly big boys. Good stuff and congrats to Sergiu and his team.
If you are in Romania, you can register to the free version of Zonga and access to largest catalogue of legal music in the country in any of their stores in Romania or online here
If you are a Vodafone customer, you can subscribe to the premium mobile version of Zonga here
Ps: Below I have added a quick intro video to the Zonga service and what it does.
Zonga – Muzică nelimitată. Mereu cu tine