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As always, incredibly insightful remarks. The bit about developing core infrastructure rings especially true. The emergence and success of these web businesses has a lot to do with the absurdly low barriers to entry for creating software for the web. This is largely thanks to the development and proliferation of open source tools.

It's not surprising that so many successes should shake out the other end of the sieve when it's so easy for someone to launch a successful site from their bedroom or dorm.

Thanks Danilo! I appreciate the kind words.

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