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"... AbeBooks also owns 40 percent of LibraryThing (a social app for keeping track of your books and finding other like-minded book lovers). Whereas Amazon is a
by bootload 18y ago
"... AbeBooks also owns 40 percent of LibraryThing (a social app for keeping track of your books and finding other like-minded book lovers). Whereas Amazon is an investor in Shelfari. Now Amazon will own a piece of both of those competing startups. ..."
This is a problem. Shelfari is second rate (spam merchants) while LibraryThing is very good. This is one of the disadvantages of investment from leaders in industries.