tag:blogger.com,1999:blog-4915690985925871995.post6194316250596965949..comments2023-04-13T07:36:11.870-07:00Comments on Rhetoricia: Web 2.0 Expo: Stowe Boyd on Building Social ApplicationsAbigail Shawhttp://www.blogger.com/profile/02408620641117203433noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4915690985925871995.post-85000502816538088182007-07-26T08:15:00.000-07:002007-07-26T08:15:00.000-07:00You mention that both Blinksale and LessAccounting...You mention that both Blinksale and LessAccounting are missing the underlying market out there. Perhaps, but my guess is that they're doing quite well in the markets they are addressing. While you may see another market opportunity, but the fact remains that it may not be addressable -- only an effort to address it will tell. My guess is that margins are so thin that taking a cut on payments, as you suggest, would be a tough business to enter given how crowded it is already. Think Paypal.<BR/><BR/>Anyway, one other observation is that I think we're only seeing the beginning of features and business models with the online invoicing applications. I know it's only the beginning for my company (<A HREF="http://www.simplifythis.com" REL="nofollow">SimplifyThis.com</A>). Fasten your seat belt.Sanjay Kumarhttps://www.blogger.com/profile/01207897064669026501noreply@blogger.com