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Del.icio.us is getting a little less home-brewed. Its founder, Josh Schachter, is taking on some outside investment.

After seeing my little project go from a small hobby to a large one and then consume all my waking hours, I've decided to quit my job and work on del.icio.us full time. I've given a lot of thought to how to make this happen, and ultimately decided that the best way forward is to take on some outside investment. I've taken this step because it lets me continue to grow del.icio.us while keeping it independent. I am excited to finally be able to devote all of my energy to working on and improving this site, and I'll also be able to acquire some much-needed infrastructure. I'm still in charge of the site and still committed to making it as good as it can be. I think what sets del.icio.us apart is the passion of the community that has organized around it, and I hope I can continue to rely on your ideas, help, and goodwill. Together we have made the site the success it is today.

-j

joshua schachter joshua at burri.to http://del.icio.us

I don't think this spells gloom and doom for del.icio.us' hacker ethos. Josh probably knows what made del.icio.us popular and won't trade it away.

I hope. But in any case, del.icio.us would be really easy to replace if things went wrong.