Great post from the personal blog of James Hong, founder of

For the first 3.5 years, it was Jim and I working about 10 hours a week each, with the company earning many millions of dollars per year.

Then 2 things changed, and we realized we had to change with them:

1) Startup economics improved, making it harder to keep good people
2) The Online Advertising Market improved, making free competitors a reality

Organic growth. Community based. Growth. Fun

Posted in: EBusiness.
Last Modified: June 28, 2007

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