After a couple of failed ventures, erstwhile IT poster boy, Hotmail Sabeer Bhatia is on to his latest venture, Sabsebolo.com. It claims to provide India’s first free and reservation-less conferencing facility. After sign-up users are provided with a conference id and PIN, which they can use by calling a toll -free number.

Revenue for this business would be generated through advertisements. According to Bhatia, before the conference begins there would be a five-second advertisement.

I hope though that the advertisements are not context sensitive, so if I say “I need money”, I hope an ICICI voice ad doesn’t interrupt the conversation