The communications counter-revolution

By Megan McArdle
As many of you already know, Brijit has ceased operations. They relied on angel funds, and those have run out. I think it's a huge pity; Brijit was a great idea, well executed. The good thing about the market is that is usually kills companies that do a bad job. Unfortunately, it sometimes kills the good guys, too.

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http://www.theatlantic.com/business/archive/2008/05/the-communications-counter-revolution/3483/