Quote of the Day 1

“We’re seeing all these feature-oriented startups lately – site after site of them. But does the world need more features at this point? They’re not using the ones they already have. It’s basic supply and demand, right? We’re entering a glut of new ways to do the same old things right now, and that means the value for this stuff is accordingly low.”
–Russell Beattie, writing on WFT Web 2.0, or how lots of features do not a profitable business make