Flickr on cover of Newsweek

Niall Kennedy has noted that Flickr is on the cover of this week’s (3 April) Newsweek. The full article is available online, covering the success of startups like Flickr and MySpace. I love Niall’s favourite quote from the piece:

"The Living Web means that there may be plenty of opportunities to become the next Flickr, and hundreds of start-ups are trying to do just that. At Tim O’Reilly’s recent Emerging Technology Conference, it seemed that 1,200 people had signed on to some collectively generated business plan: starting a company in a spare bedroom, outsourcing the programming to some Indian company they found on the Web, getting content from users and then having users organize the content by tagging, pocketing money from Google ads placed on the Web site and, finally, selling the company to Yahoo. (Bad news: Yahoo’s Horowitz admits, "We can’t buy everyone.")"

Thank you, Niall.