Simpy Wants Some Raw Sugar

Posted on January 11, 2007

Recently the impending demise of the social bookmarking site called RawSugar was reported on several blogs including TechCrunch and Mashable. A competing bookmarking site called Simpy is ready to snap-up RawSugar's bookmarks. Simpy's blog, called Simpy Chichimichi, has a post explaining how RawSugar users can import bookmarks to Simpy.

A few days ago several influential blogs (see below) announced RawSugar, another social bookmarking service, has stopped all R&D efforts, as it is out of funding. Technically, RawSugar is not closing down, but looking for a new home for its technology. While it is sad to see RawSugar go, this was not news to me. As a matter of fact, I have been in close contact with Frank Smadja, RawSugar's VP of R&D, for some time now, working on a migration path for RawSugar's users. As the result, RawSugar users can now easily import their bookmarks into Simpy.

Is this how Web 2.0's numbers will shrink. The surviving fish will swallow the dying fish? It is unclear whether a significant Web 2.0 reduction has begun -- a lot of these Web 2.0 companies have a very small number of employees and small -- but not insignificant -- burn rates. However, TechCrunch has started a DeadPool so maybe they see something more significant happening soon. So far, TechCrunch's DeadPool includes just a handful of sites like Browster and FilmLoop.