Lessons Startups (and Users) can Learn From Ma.gnolia's Crash

Ma.gnolia, a bookmark storage and sharing service, experienced a catastrophic data loss earlier this month. The site is still offline, but rather than dodging the public, founder Larry Halff has been surprisingly candid about the failure, and recently offered some suggestions for startups looking to avoid a similar fate, as well as some suggestions for users unsure about the future of their online

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Scott Gilbertson cites Larry Halff:“there’s probably a business opportunity in making a piece of software that will back up data from web services automatically like Mac OS X’s Time Machine.”