Software, Digital Content, Geopolitics, Economics & More from of a Libertarian Serial Expat and Entrepreneur
Joi Ito is an investor in both, as well as in Six Apart. Loic le Meur and Reid Hoffman (of LinkedIn fame) also have a stake in Socialtext and Six Apart. I have a hard time thinking that some if not all of those four companies won’t somehow be merged within the next two years, since they’re all facets of the same thing.
Following its Craig’s List investment, I also believe eBay is the most likely acquirer of that social web editing and identity conglomerate in the making, which should be a piece of cake to set up through the Hoffman and Omidyar connections. Identity and trust are central to eBay, so this could make sense in several ways.
It’s also interesting to see Hoffman and Mark Pincus (Tribe.net) invest in the same company, as the social networking space will of course need to go through a lot of consolidation probably starting next year if not sooner.
Update: Pierre Omidyar: What I’ve been up to.
09/30/04 update: Esther Dyson, Reid Hoffman and Joi Ito invest in Flickr. These people hunt in packs!
12/15/04 update: Feedster Becomes Omidyar Network Partner.
01/17/05 update: omidyar.net FAQ.
I'm CEO of an online trade publishing firm in the marketing and defense verticals. We try to make news and data digestible and useful in an environment that is more noisy each day. This personal blog mixes my thoughts and interests on politics, business, software, and more, based on my business and personal experiences. Over the years I have posted items that turned out spectacularly wrong, and a few posts that stood the test of times better. Personal views only.