mohit | Shared With: Everyone - Apr 10 2008 | web 2.0, gigaom, om malik, google, technology, startups, campfire, huddlechatQuoted: In such an environment, the only meaningful defense for Web 2.0 app developers and startups is their ability to build a community in large numbers. The data of a community is the only defense, and perhaps the only real value, in a Web 2.0 company. And unless they can achieve this quickly, many Web 2.0 apps/startups are going to meander into mediocrity, only to see their ideas inspire larger players to roll out their own versions of their apps.
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Ling's mistake - taking the option to "quit" and save face rather than be "fired". Getting fired you have the option to sue the company for wrongful termination and seek damages. If you quit - it's all over. Given the short duration before a major stock award that was due him, it seems to me he would have a case that Facebook a) had no compelling reason to fire him and b) was acting in bad faith with respect to his original employment offer.
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Nice summary of SWAG providers for Seattle.
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