Another application in the social networking context - Writely : It is a skeleton version of instacoll,but however its usp is web app and targeting to the customer base who are already familiar with numsum, flickr , etc kind of services.

Another Model described in “The art of Profitability " is the Switch board model. It is characterized by 3 aspects 1. Packaging - Bringing together a disaggregated tasks/individuals/etc. 2.Concentration of power : Cater to all the disaggregated needs by one core product/service 3.Critical mass / scale One of the examples mentioned by the author is the business of bringing of set of actors, musicians, etc to a recording studio and providing a platform to come up with a TV Opera / Movie by bringing in Good content to the entire set up.

Teleo is a voip service , skype types which failed post beta phase got acquired. This is the probably first time I am coming across a case where a failed beta product gets acquired by none other than the behemoth in the IT industry, MSFT. Is such a thing possible in India ? How did Teleo in the first place do a sale ? Was it a distress sale ? Did MSFT buy it for peanuts ?

“In theory, there is no difference between theory and practice. In practice there is.” -Yogi Berra

I have never thought of this idea till this day when I came across a post in headrush. It was quite a nice idea to build something in flat 24 hours even if it is crap. I am planning to try out this weekend with rails. Only problem is that I do not have a domain name as such and an IP..I need to work out on the details. Can you imagine yubnub.